USD INR - First public post
This is my first post on USD INR - So going with a smaller timeframe.
CMP - 72.68 (Date 15.03.2021)
Pattern Formation - Falling Channel (Channel Width - 1 Rs)
Days left - 5 working days ( Analysis for 1 week)
Levels expected as per channel angle - 72.80 to 71.60 (Mar 15th to Mar 19th)
Since CMP is very close to the Upper limit and there is a possibility of a 1.1 Rs fall from CMP, sell at CMP for 1 Rs gain with 20p SL (Though median line would act as strong support, I expect the breakdown to happen)
RRR is 1:5 which is too good for anyone to test it.
CMP - 72.68 (Date 15.03.2021)
Pattern Formation - Falling Channel (Channel Width - 1 Rs)
Days left - 5 working days ( Analysis for 1 week)
Levels expected as per channel angle - 72.80 to 71.60 (Mar 15th to Mar 19th)
Since CMP is very close to the Upper limit and there is a possibility of a 1.1 Rs fall from CMP, sell at CMP for 1 Rs gain with 20p SL (Though median line would act as strong support, I expect the breakdown to happen)
RRR is 1:5 which is too good for anyone to test it.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.