The chart seems to form a perfect M top with a clear diversion and as per the Steve Mauro setup it is expected to continue the bearish trend. GBPINR broke its trading range to make its new high and it is bound to be intervened as per fundamentals.
Comment:
Perfectly rebounding at the given level. Patience is the key and stay in trade for lower levels.
Trade active:
Going perfectly as per projection.
First the rebound as predicted and now going for the second level fall.
First the rebound as predicted and now going for the second level fall.
Trade closed: target reached:
Perfect prediction. Target done.
Close major position and hold a few lots for 102.5.
Close major position and hold a few lots for 102.5.