Dear All,
I have spotted 2 reversal pattern in USDINR26June2013 contract.
On 1 Min chart it shows double top.
And on 1 hour chart a clear "Evening Star" is about to form if we have a red candlestick on date 12-06-2013. (Means Today).
On the 11th June you can see there was a doji with a huge volume.
There was a major indecision seen among the crowd.
There is a small correction likely to be seen.
If we plot Fib levels than
at 32.8 % - 57.1658
at 50.0 % - 56.5575
at 61.8% - 55.9452
I have the images for both the patterns but due to limited file size in attachment I am not able to upload it.
If anybody requires the images please let me have you email id's and I will send it to you.
For all the masters please do comment on my thread.
Regards,
Ronak
I have spotted 2 reversal pattern in USDINR26June2013 contract.
On 1 Min chart it shows double top.
And on 1 hour chart a clear "Evening Star" is about to form if we have a red candlestick on date 12-06-2013. (Means Today).
On the 11th June you can see there was a doji with a huge volume.
There was a major indecision seen among the crowd.
There is a small correction likely to be seen.
If we plot Fib levels than
at 32.8 % - 57.1658
at 50.0 % - 56.5575
at 61.8% - 55.9452
I have the images for both the patterns but due to limited file size in attachment I am not able to upload it.
If anybody requires the images please let me have you email id's and I will send it to you.
For all the masters please do comment on my thread.
Regards,
Ronak
Last edited: