{"id":1876,"date":"2014-03-13T01:19:46","date_gmt":"2014-03-13T01:19:46","guid":{"rendered":"http:\/\/www.cashthechaos.com\/blog\/?p=1876"},"modified":"2014-04-10T09:48:16","modified_gmt":"2014-04-10T08:48:16","slug":"technical-analysis-gbpinr-short-term","status":"publish","type":"post","link":"https:\/\/www.cashthechaos.com\/blog\/2014\/03\/13\/technical-analysis-gbpinr-short-term\/","title":{"rendered":"Technical Analysis GBPINR &#8211; short term"},"content":{"rendered":"<p>The GBPINR cross may have established a base around 100 and seems set to move higher. A small star pattern followed by a bullish candle (similar to a morning star pattern) indicates that higher prices lie ahead. The zig-zag price movements are in harmonic ratios. \u00a0This is shown in the chart below.\u00a0If the cross-rates sustains above 101.82 for an hour, traders may consider going long for an\u00a0initial target of 103.8\u00a0and then 106.3. Use 100.8 at a\u00a0daily closing level <span class=\"GINGER_SOFTWARE_mark\" id=\"b419cde7-a6b4-43c2-8152-c60b65f4bea8\"><span class=\"GINGER_SOFTWARE_mark\" id=\"b86ff271-c92f-4776-ba66-c0a628810931\"><span class=\"GINGER_SOFTWARE_mark\" id=\"601bb28e-6d54-4cd1-a99c-f546d6679559\"><span class=\"GINGER_SOFTWARE_mark\" id=\"5014fca1-1b54-4c75-8113-c275f0a0a7bf\"><span class=\"GINGER_SOFTWARE_mark\" id=\"8b6c724d-b111-4f49-afe5-33b2cba9c90c\">as stop<\/span><\/span><\/span><\/span><\/span>.<\/p>\n<div style=\"width: 1205px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/cashthechaos.com\/blog\/wp-content\/uploads\/GBPINR13Mar2014.jpg\" width=\"1195\" height=\"553\" \/><p class=\"wp-caption-text\">GBPINR Daily Charts with Harmonic pattern<\/p><\/div>\n<p><strong>Legal Disclaimer<\/strong>: This post gives an idea of how a trader chooses low risk entry points for trading and hence what you see in this post is for\u00a0educational purpose only. This is no solicitation to buy, sell or hold any securities.\u00a0I\u2019m not a registered investment advisor and I strongly urge you to consult one if you are going to act on the above idea. If you decide to take action on the above idea, you are agreeing that you take full responsibility for the profit or loss that you may sustain based on such decisions and agreeing to indemnify\u00a0the author of the same. You may have seen me on TV suggesting successful trade\u00a0<span class=\"GINGER_SOFTWARE_mark\" id=\"76b2c1fc-4796-4da1-a99b-16c4b39f57c2\"><span class=\"GINGER_SOFTWARE_mark\" id=\"a7d5df6e-432f-4a3b-be65-9193965f339e\"><span class=\"GINGER_SOFTWARE_mark\" id=\"f27ae1a6-937e-40f6-ab6a-79230fc5c888\"><span class=\"GINGER_SOFTWARE_mark\" id=\"58436231-d723-45ae-848f-2a093b5d32c7\"><span class=\"GINGER_SOFTWARE_mark\" id=\"03ef3b49-e481-46c4-b370-deaf14fc559f\">ideas but<\/span><\/span><\/span><\/span><\/span>\u00a0remember trading is inherently risky and past performance is no guarantee of future outcome.<\/p>\n<p>Note: This was a premium post and has now been unlocked. Trade did not trigger as it did not sustain above 101.82 for an hour.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Trade set up on GBP-INR Cross rate.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1876","post","type-post","status-publish","format-standard","hentry","category-currency","category-12-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/1876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/comments?post=1876"}],"version-history":[{"count":7,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/1876\/revisions"}],"predecessor-version":[{"id":1908,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/1876\/revisions\/1908"}],"wp:attachment":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/media?parent=1876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/categories?post=1876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/tags?post=1876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}