USD / INR UPDATE

HELLO FRIENDS,

AFTER A LONG TIME I AM PUBLISHING POST ON USD/INR .

HERE I WOULD LIKE TO MENTION WE HAVE -VE DIVERGENCE IN DAILY CHART OF USD/INR. AFTER BREAKOUT OF TRIANGLE WE HAVE CLEAR 5 MOTIVE WAVE IT TELLS NOW TREND IN RISING USD IS WEAKER.

IN ALTERNATIVE WAVE COUNT TO MAIN WAVE COUNT. ONCE USD CAN GO BELOW 58.64 THAT CONFIRMS THE MINOR WAVE COUNT IS  IN THE NEXT DECLINE  POSITION.
AND IT CAN TOUCH 53.70 KIND OF LEVEL.

MORE UPDATE SOON...

 CLICK ON CHART TO ENLARGE IT..

  www.niftyelliottwave.blogspot.com

USD/INR BIG PICTURE FORECAST

                                                                                          (CLICK ON CHART TO VIEW ENLARGE)

DAILY CHART OF USD/INR .

BELOW CHART SHOWING UPPER TREND LINE AS POWERFUL RESISTANCE. AND WAVE II IS REMAINS COMPLEX (FLAT 3-3-5) IN FLAT CORRECTION WAVE A SUB-DIVIDED INTO 3 WAVES THAN WAVE B ALSO SUB-DIVIDED INTO 3 WAVES AND WAVE C SUB-DIVIDED INTO 5 WAVES (WHICH IS DIAGONAL).INVALIDATION TO OUR MOST BEAUTIFUL BIG PICTURE USD/INR FORECAST IS AT 56.44.

USD/INR ELLIOTT WAVE FORECAST 

NEXT 5 WAVE DOWN (BIG PICTURE FORECAST).CLICK ON BELOW CHART TO SEE WHY NEXT FREE FALL IN USD / INR . AND HOW LONG THIS MOVE REMAIN IN CONFIDENCE. INVALIDATION TO COUNT AT 56.44. FROM THIS WAVE COUNT  USD/INR CAN FALL BELOW 48/40. IN COMING YEARS.

MONTHLY CHART OF USD / INR  -VE DIVERGENCE.

THERE IS -VE DIVERGENCE BETWEEN TWO BIG WAVES.KEEP OUR CONFIDENCE OF USD/INR BIG PICTURE FORECAST OF 48/40.[RSI (14) IN BELOW CHART ]

WEEKLY CHART - VE DIVERGENCE.

SAME HERE BUT INTO ONE SMALL TIME FRAME CHART OF WEEKLY ALSO HELPS TO IDENTIFY -VE DIVERGENCE .HERE ONE OF THE MOST IMPORTANT JUNCTURE AT MACD ZERO LINE REVERSAL (ZLR). IF MACD TURNS ABOVE ZERO LINE ON BUY SIDE THAN OUR VIEW OF 48/40.WILL BE NOT SEEN IN ACTION.BUT THE MOST IMPORTANT JUNCTURE IS IF MACD FALL BELOW ZERO LINE THAN OUR VIEW OF 48/40 BECOMES MORE POWERFUL AND THAT IS WAVE 3 (WAVE 3 IS THE MOST POWERFUL WAVE IN STRUCTURE.). 

usd / inr elliott wave count

free fall soon in usd / inr (once it break below 54.78 )

usd / inr breaks below 54.78 than wave 3 can come up to 50.40 levels .  if wave 4 and 5 seen in usd / inr than larger degree count will be more interesting :) 

USDINR

+ VE & - VE DIVERGENCE

CURRENT USDINR ELLIOTT WAVE FORECAST OF WAVE2 OF A-B-C? .WAVE C  IS PART OF ENDING DIAGONAL.(CLICK ON CHART TO ENLARGE IT)

USD INR ELLIOTT WAVE

DIVERGENCE IN MONTHLY CHART TELLS CLEAR STORY OF USDINR.

A BIG PICTURE OF USDINR ELLIOTT WAVE COUNT

H & S PATTERN IN USDINR CONFIRMING THE WAY AHEAD

USDINR 8HRS WAVE COUNT WAVE 1 OF 5 TRUNCATED. AND WAVE IS AT NEAR AN END.BREAKOUT LEVEL MENTIONED IN ABOVE CHART.(CLICK ON CHART TO ENLARGE IT.)

USDINR [MOST INTRESTING CHART AT THIS MOVEMENT].

USDINR CAN COME BETWEEN 47-48 IN WAVE 5. IF WAVE 5 TRUNCATE THAN UP MOVE WITH CONFIRMATION ABOVE 49.76.(ELLIOTT WAVE COUNT) SOON I'LL UPDATE ABOUT USDINR