Balas282
Education

USDINR Forming C wave? Elliot Education perspective - Updated

FX_IDC:USDINR   U.S. Dollar / Indian Rupee
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Explained over the chart.
Comment: Keep 70.30 as strict SL if trade is on Profit side. Currencies get extends usually in 5th wave. if Wave iii goes till 69.25, Wave iv will take advantage of support and pull back to 70.20 level. Dont get your SL under wave iv, if possible ride Wave V 68.90 to 68.50 levl
Your wave patterns are excellent - however traders have failed to take a note of the same
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Balas282 MAYA_MUMBAI
@MAYA_MUMBAI, Thank you . Lets see if it moves in line
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