USDINR has broken an inclined Trendline,
this can be seen as inverted flag pattern breakdown. {considering upside retracement as inverted flag}
Since, 75 seems to be a strong resistance (breakdown level), I am considering Bear Call Spread strategy with next week's (11th Feb) options.
Plan your Trade ! Trade your Plan !
Happy Trading !!!
this can be seen as inverted flag pattern breakdown. {considering upside retracement as inverted flag}
Since, 75 seems to be a strong resistance (breakdown level), I am considering Bear Call Spread strategy with next week's (11th Feb) options.
Plan your Trade ! Trade your Plan !
Happy Trading !!!
Trade active:
Half of the premium decayed !!! WoW ! Weekend still to go!
Trade closed: target reached:
closing with 13% Profit