USD/INR to take decisive move to hold or break the key support level of 74.48 on or before Aug 10. Fundamentals indicate break of support level and to touch the next even stronger support at 73.54. Considering the factors like India's recent trade surplus, US elections and Dollar index in weak zone, if the level of 73.54 is broken, then the next support is at...
Might show up move if the third attempt is successful.
Horizontal lines act as dynamic support and resistance
Horizontal lines act as support and resistance
Breakout Retesting, can be added with strict SL1568 (2ATR)
Will be keenly watching this triangle break out.
Price broke previous day resistance with wide range candle and Volume. Wide range Buy candles were coming in with Volume. A/D reduced to 35:15 from 41:9 when I took this trade, but was still Bullish. If 21050 held, 21300+ could be hit. But, 21050 didn't hold and broke down with volume. The Price ranged for the rest of the day. Overall 2.5R profits booked. The...
Breakout
Updated in my previous analysis. It was a super duper move today. Entered around 3955 and it kissed 4213 today.
Expecting 1430-1440 levels soon.