Wahyed

USDINR Possible Downward in Short Term

Short
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
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