Short
Updated

USDINR short setup

104
USDINR has been forming broadening wedge pattern.

SL: 64.3
Target: 63.6

Regards,
tRex
Jurassic Park
Note
On hourly chart it has broken the channel but the momentum is not convincing enough to go above 64.2.
Conservative traders can exit position and rest can stick to the SL mentioned.

snapshot
Trade closed: stop reached

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.