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Pragycool
Oct 31, 2017 9:17 AM

USDINR - SHORT SELL - DAILY - DESCENDING TRIANGLE BREAK DOWN Short

Description

USDINR has made Descending triangle. Break of 64.70. target should be 64.10 in one month time frame.

Comment

USDINR gave breakdown n gave close at 64.59. Next tgt 64.40 n 64.10 if all goes well 63.75.

Trade active

One can again go Short at spot 64.70 lvl.

TGT - 64.40 and 64.30.

Trade active

Price have seen bounce from previous gape at 64.45. yesterday offshore gave closing near to neckline 64.70. Again good to short at 64.70 stop will come @ 64.80 on closing basis and tgt should be 64.45 to 64.50......
Comments
k314
Nice analysis sir! :)
Pragycool
USDINR @ 64.58. 30 to 40 paisa fallen from view given.
venkatfx
@Pragycool, nice .thanks
Pragycool
@venkatfx, Thanks n ur welcome 🙏🏻
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