Pravins333

USDINR | Trendline Support

Lång
Pravins333 Uppdaterad   
VANTAGE:USDINR   USA-dollar / Indisk rupie
• Let see the trendline support will make the trend continue upside or reversal downside.

• If any "Daily candle" going to break "high of previous Daily candle", we can try for reversal as from trendline support with good Risk-Reward as chart showing that history had repeated many times.

• Entry:- 81.917 break. (Entry should be on previous candle high break . It is possible that , it may be upcoming candle's high.)

• Upside Resistances can become our targets.

Targets :- 82.721 , 83.039 , 83.200

Stop Loss / SL :- 81.605 Support zone . (After breaking previous candle high , our Stoploss will be low of that candle./ whose high going to break by price. )
Kommentera:
Right now our entry will be above 81.629 . Although trendline broken and shown bearish sign . Still we can expect reversal until retest to trendline is not shown.
Kommentera:
We can enter in retest if it will going to break 81.629 .

& will see if retest will going to extend towards 82.721 then well and good. otherwise will see to enter in bearish side.
Kommentera:
If price will going to show downside without retest then congratulations to those who have already entered in trade for downside, for them in downside next support/target can be at 80.436.
Kommentera:
trail at 82.721
Kommentera:
2nd target done
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