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MrAkshatP
Apr 5, 2017 1:31 PM

Positive Divergance in USD/INR daily charts Long

U.S. DOLLAR / INDIAN RUPEEICE

Description

In the charts of USD/INR price is froming Lower Lows (LL) and RSI is forming Higher High (H H) within oversold zones...

It is expected that whenever these types of divergence is formed it seems to be Price Reversal...

I have made a long position at a price of 64.85 looking after this divergence...

Note: Do your own study before making any position..


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You can also see divergence related research which were accurate previously below related ideas...

Trade active

Trade closed: stop reached

stoploss triggered
Comments
prajfinancials
I think its a uptrending channel on indicator RSI. The price will move in the channel break out direction.
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