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Stoploss fixed cant move it before reaching the targets so 3 targets here if any thing wrong put side will be selected to as reverse thanks
H&S pattern 15 min time frame will give a good workout lets see what happened.
Short term target: 74.8
Mid term target: 76.8
USDINR finally shown reversal trend and breached the trend line with a very strong candle, the next level on spot would be 74.55
Note: Analysis for educational purpose not an investment advice....
Entry point: 72.85
Short term target: 73.35
Mid term target(1): 73.55
Mid term target(2): 73.95
Learning purpose only
It will touch 80
SELL 73.4 TO 73.45 SSL 73.55 TGT 73.18/72.8
Making double bottoms on 1H and 1D chart.
LTP: 73.87, if breaks and holds 73.9:
Short term target: 74.3
Mid term target: 75
USDINR forming wedge pattern.
My ideas is about trends
Increase current account deficit
Slower turnaround of economy G7
I expect some kind of fireworks at border and I think India will take that opportunity to enter POK
Important levels , trade accordingly.
this is the updated one pilled back to 50 % on the higher time frames
after a strong move back up now looking for continuation for the next wave on here
Fib and price action resistance.
Trading in rectangle opportunity to go down
Never seen this before