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ssen
Apr 6, 2020 5:25 PM

USD-INR ready to reverse  Short

Description

Wkly chart of USD-INR pair is showing all signs to reverse trend from this week.
MACD divergence, long upper shadow in weekly candles and a strong wedge resistance have a strong probability to push the USD to the lower levels as market in the chart.

Comment

price is moving down slowly from the wedge top as anticipated.
Comments
AashishRajput
It went up today...breaking all resistance...i m in loss today
ssen
@ashumedico, I hope you follow good risk management rules. I'd suggest you to learn and validate all ideas before you trade.
AashishRajput
Can u add me in ur whatsapp...8860385828
AashishRajput
How many days it can take to reach 72 can u comment...
ssen
@ashumedico, I am expecting in 3-4 weeks. But please remember no expert can tell for sure.. it is all about probability based on historical data.
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