TradingView
MohitKakkad
May 23, 2020 12:37 PM

Get some dollars in your pocket!!! Long

Description

Long some USD / INR


Basis:-
1. Monthly and weekly RSI above 60
2. Unbroken uptrend indicated by trend line and 5SMA crossing 20 SMA from bottom
3. Hammer like candle formations indicated by arrows
4. Good volumes indicated by arrows
5. Fibonacci retracement level of 61.8% and 78.6% crossed

Target indicated by Horizontal line around 77 INR
Stoploss as per individual risk management

Lets go long!!

Do like, share and follow if you like my post.

Simple analysis.
Comments
kumar12356
I want to know why the USDINR value is different from FYERS trading platform as both are tradingview setup. Please help me on this.
MohitKakkad
@kumar12356, Not sure on that. The difference may be because of pending candle confirmation. Sorry for the late response.
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