USDINR | Trendline Support
• Let see the trendline support will make the trend continue upside or reversal downside.
• If any "Daily candle" going to break "high of previous Daily candle", we can try for reversal as from trendline support with good Risk-Reward as chart showing that history had repeated many times.
• Entry:- 81.917 break. (Entry should be on previous candle high break . It is possible that , it may be upcoming candle's high.)
• Upside Resistances can become our targets.
Targets :- 82.721 , 83.039 , 83.200
Stop Loss / SL :- 81.605 Support zone . (After breaking previous candle high , our Stoploss will be low of that candle./ whose high going to break by price. )
• If any "Daily candle" going to break "high of previous Daily candle", we can try for reversal as from trendline support with good Risk-Reward as chart showing that history had repeated many times.
• Entry:- 81.917 break. (Entry should be on previous candle high break . It is possible that , it may be upcoming candle's high.)
• Upside Resistances can become our targets.
Targets :- 82.721 , 83.039 , 83.200
Stop Loss / SL :- 81.605 Support zone . (After breaking previous candle high , our Stoploss will be low of that candle./ whose high going to break by price. )
Commentaire:
Right now our entry will be above 81.629 . Although trendline broken and shown bearish sign . Still we can expect reversal until retest to trendline is not shown.
Commentaire:
We can enter in retest if it will going to break 81.629 .
& will see if retest will going to extend towards 82.721 then well and good. otherwise will see to enter in bearish side.
& will see if retest will going to extend towards 82.721 then well and good. otherwise will see to enter in bearish side.
Commentaire:
If price will going to show downside without retest then congratulations to those who have already entered in trade for downside, for them in downside next support/target can be at 80.436.
Commentaire:
trail at 82.721
Commentaire:
2nd target done