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Divergensity

Next Leg of Down After consolidation

Short
Divergensity  
OANDA:USDINR   None
Trend Analysis Chart Patterns Wave Analysis USDINR
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trendanalysis chartpattern waveanalysis usdinr
From what I see, USDINR has finished a Triple wave WXYXZ pattern. Its now moved to the lows. I guess we will see a brief consolidation and post that, the pair might breakout and continue to go to the downside and retest its previous lows and possibly make a new lower low on the 240 time frame.
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