Previously these trend lines are never broken but it is so close this time. Also, INR will have upper hand in Monday impacting the USDINR the most.
Short if it breaks the low of the previous day with a stop loss at the previous day's high
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
We made good money yesterday as you can see in the trade setup shared here -
Short if it breaks the low of the previous day with a stop loss at the previous day's high
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
We made good money yesterday as you can see in the trade setup shared here -
Comment:
It opened gap up and no sign of PDL break.
Order cancelled:
No trigger yet. Moving in channel.
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Our community is full with traders who actually trade!
Telegram: t.me/unofficed