USDINR is right against the downtrend mode offering a very low risk opportunity to go short if we get a new daily low.
The first entry, has a tighter stop, so risk half on this one, and half on the larger 3 atr stop entry.
There are two possible targets, one at 65.44 and the other longer term target at 64.2882.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
The first entry, has a tighter stop, so risk half on this one, and half on the larger 3 atr stop entry.
There are two possible targets, one at 65.44 and the other longer term target at 64.2882.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Note
While below 66.80, it would be a decent short breaking under 66.54.Note
Excellent price action today.Trade active
Note
It's on.Trade closed manually
I'd reccomend bailing, or moving stops to entry.Related publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.