USDINR plan for next week’s This is the plan of USDINR breakout for next upcoming seasons according to price action advanced analysis upcoming target of this currency pair apx is 6-7% in one month
LongUSDINR-TRADE-TIPS
Long
USDINRPlease keep in mind that this is only for futures and positional traders.
You can buy USDINR in 3 different buy zones, as mentioned (Buy zone 1, Buy zone 2, Buy zone 3).
There is NO-STOPLOSS; simply purchase as much as you can. Don't panic if it reaches Zone 3; instead, buy as much as possible.
It is important to note that this view is for the next three months and is not recommended for short-term time frames.
Note 1: Do not trade CALL options based on this view because it is a long-term view and you may lose money buying OTM or ITM due to theta decay in the long run.
Note 2 : Because the USDINR is oversold, strong Bullishness is expected to continue, and only buying is recommended (avoid short selling or buying PUT options) at retracement levels.
Long
Wave Theory tradeble setup up on USDINR.Wave Theory tradable setup up on USDINR.
Plan (A): buy above 75.316
Plan (B): buy 74.512 nearby
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