USDINR | Trendline Support

Jan 11, 2023

• Let see the trendline support will make the trend continue upside or reversal downside.

• If any "Daily candle" going to break "high of previous Daily candle", we can try for reversal as from trendline support with good Risk-Reward as chart showing that history had repeated many times.

• Entry:- 81.917 break. (Entry should be on previous candle high break . It is possible that , it may be upcoming candle's high.)

• Upside Resistances can become our targets.

Targets :- 82.721 , 83.039 , 83.200

Stop Loss / SL :- 81.605 Support zone . (After breaking previous candle high , our Stoploss will be low of that candle./ whose high going to break by price. )

Jan 14, 2023

Note

Right now our entry will be above 81.629 . Although trendline broken and shown bearish sign . Still we can expect reversal until retest to trendline is not shown.

Jan 14, 2023

Note

We can enter in retest if it will going to break 81.629 .

& will see if retest will going to extend towards 82.721 then well and good. otherwise will see to enter in bearish side.

Jan 14, 2023

Note

If price will going to show downside without retest then congratulations to those who have already entered in trade for downside, for them in downside next support/target can be at 80.436.

Feb 17, 2023

Note

trail at 82.721

Feb 19, 2023

Note

2nd target done