WaveTalks

USDINR & Nifty-Barometer-Part 2-63.55 & 10138-Looking for U Turn

Long
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
Well we don't have any confirmation yet but it looks USDINR has traced 5 wave impulsive sequence from double top@69.05 to 63.56 & Nifty touched 10138.

Beauty is that now people talk about geo political tension between North Korea & U.S. - will that be the reason for market melt down or waves were indicating same.
I have no idea & so cannot predict where markets are moving next.

Barometer -Part 1 ( It was triangle so did not achieve all targets & we were happy with partial targets)

Nifty - Can B Wave end@10138

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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