USDINR as expected moving in a neutral to short range as per our expiry view posted previously.... Now that we are watching a Sandwich pattern formed on 4Hourly timeframe, if it breaks down then there is a flag breakdown also with a breakdown of 50 EMA this confluence may trigger an excellent Option buying opportunity. For buying, use next week's option or monthly option of ATM or ITM strike. Target : till 200 EMA or POLE target.
Plan your Trade ! Trade your Plan ! These ideas are shared for trader community to improve conviction and employing different execution strategies on their individual views if they match our view.