USDINR Possible Downward in Short Term

OANDA:USDINR   U.S. Dollar / Indian Rupee
Possible target for the short is 67 area and If breaks above 72, this plan will fail.
Comment: 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.
Comment: New sell SL 71, 1st target 69
Trade active: Book part profit and Move the stops and wait for target
Comment: Wait for final target 67 by moving stops at entry

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.