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NeelamN
Apr 15, 2022 5:49 PM

USDINR View Next week 22 April 2022 Expiry Long

Description

USDINR multi-timeframe analysis
* On Monthly - last month Price tried to show a downtrend but failed to make a new low and ended up printing Inverted Hammer (Bullish Sign)
* On Weekly - High of previous week hammer taken out (Bullish Sign)
* On Daily - High of neutral candle printed on 13 April 2022 taken out (Bullish Sign)
Reversal Chart pattern - Inverted Head and Shoulder Break Out
Target : 76.46 / 76.65
Comments
tusthecool
Hi, Please can u share ur trade status of last trade which you had taken starting of the current month expiry ?
NeelamN
@tusthecool,
Below was the value of the strategy on 19 April when there was a bullish move where my Alerts for SL triggered...
04-Apr 19-Apr
76 CE 0.41 0.645
76 PE 0.515 0.12
76.25 CE 0.355 0.035
75.75 PE 0.38 0.4425

I squared off Loss positions of both CE and continued with PE, that is Bull Put Spread....
NeelamN
@tusthecool, Sorry! As I am a working person, cannot reply on posts more often and post daily or with more random posts.... Thanks for the waiting though !
tusthecool
@NeelamN, Just Chill it's ok. Apologise from my side if I had ever interrupted in your work.
NeelamN
@tusthecool, no buddy, its cool... thnx
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