i like,this help me nice rahul.

thanks

This is an interesting analysis. It differs from what I would say.

The green line while a good support line is not the neckline. The neckline would be a declining trendline connecting the two sides of the neck, which would bring us down to the rising trendline of the past few months.

On the Daily time frame a clear parallel chanel is visable with the head of this pattern breaking out to the upside. The rising trend of the past few months and the upper channel line create a clear triangle. Any move below the green support line would be contained within this consolidating triangle.

It seems the better move would be to wait for either the true neckline and the rising trend line to be simultaneously broken to the downside, or the parallel chanel to be broken and retested on the upside. This is more of a long term move, but once it confirms in either direction there will be trades within it.

For a shorter term move I would favor a break below the dotted blue line on your chart to the green line, for about 100 pips with a 35 pip stop. I'm a little concerned for the resistance in the area of line F, but I think this move is possible. From there I would wait to see how it reacted with the various trend and support lines coming together in this area. Either a break down as you predicted, or a bounce back up. I will set up for the trade I called and watch for your trade to confirm.

Great call if that is all you look at, But If you add the 100ema & the 50ema, you will see that the 50ema has crossed over to the positive side of the 100ema. Then add in the STOCH and you see it below 20 which is in oversold area.
To add all this now look at 4hr and see a large uptrend is in the works.
Like you say,People do your own D.D. before any trade.

Just in case anyone wants to track my call, Here is my buy
My call is 1.4558 with stop/loss @ 1.4253
Price on your chart 1.4367 ( I got in a buy @ 1.4316)But we will use your entry of 1.4367
Buy Stop/Target
Risk 1.4367 - 1.4253 = 114 pips —- my trade 1.4316 - 1.4253 = 63 pips risk
Reward 1.4558 - 1.4367 = 191 pips —- " "" 1.4558 - 1.4316 = 242 pips reward

And yes I know if you look at the Monthly chart it is in a down trend. That's why you should only use max 3 time frames, the one your watching, 1 time lower (for entry) 1 time higher ( for Target)
This is ONLY MY analysis.

Disclaimer - The analysis is just for educational purposes
and is not a trading advice. Please place the trades by doing
analysis at your end.

Thank you Rahul, I have found your e-mails to be very helpful.

Thanks Rahul, I want to try forex but don't know where to start. Thanks for your chart analysis very helpful. Please help me. Sincerely Ray

Hello,
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hi
thanks a lot so nice job you do