Plan A - Risky Traders
- Buy with strict stops below 70.35 for 72.25
Buy above 72.50 for 74.50
Buy above 74.50 for 75.50-76 handle
Plan B- Safe Traders (Post Pattern Breakout on upside)
Buy only above 72.25 for 74.50 & above targets as mentioned in Plan A
Note - If USDINR moves in desired direction as expected upside holding 70.35/70.50 handle as - Traders should be careful for Equities.
Thanks for Support
Last Price - 70.95
Kindly manage your risk & trade. Safe Traders -they should trade only when pattern breaks out which could be either upside above 72.25 or below 70.35
Thanks & have a nice weekend.
Last price @71.44
Hope You Enjoyed The Fall 71 handle close to trendline at 70.70 & Bounce to 71.40/71.50.
Last Snapshot for this idea. Wish You All Best of Luck.