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Short

USDINR Possible Downward in Short Term

By Wahyed
Updated
Possible target for the short is 67 area and If breaks above 72, this plan will fail.
Note
Draw a trendline, breakout of it will be a sell signal to the target.
Trade active
Closed a part .. still waiting for target
Trade closed: stop reached
Remaining Trade closed with break-even, but took a small profit. if shows new sell setup, will go sell again.
Note
New sell SL 71, 1st target 69
Trade active
Book part profit and Move the stops and wait for target
Note
Wait for final target 67 by moving stops at entry
Chart PatternsdollarrupeeINRINR (Indian Rupee)Trend AnalysisUSDINRusdinrshort
Wahyed

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