rishiisal

Short term.

Education
OANDA:USDINR   None
After a 3rd Wave top a ABC correction is expected. In which 5 wave are coming down which gives A wave. 3rd wave is about finish in most probable zone which highlighted as green box, there are at least 3 technical confluences and probably there will be reaction in that zone to upside for 4th wave before finally rolling over to 5th. Maybe there is a opportunity for Long in short term and is tradable. But major trading look like will be Short side. Lets see what markets do and will it invalidate counts.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.