Hi everyone! USD/INR pair long was in one range, thereby a narisova a triangle. Now the price drew already 2/3 triangles. Therefore it is possible to expect it breakdown in the nearest future. I expect breakdown of a triangle down. Now the price is close to the upper bound of a triangle therefore the entrance to the transaction is safe. Stop loss can be delivered above a triangle, that is on breakdown up. I consider that the price as a result all the same will achieve the designated objectives (even at breakdown up and leaving up to 88). Technical indicators nap week and monthly schedules showed a turn long ago. So, I sold at the current price 82.53 with the purposes:
TP1 = 80.91
TP2 = 79.05
Information provided is only educational and should not be used to take action in the market.
TP1 = 80.91
TP2 = 79.05
Information provided is only educational and should not be used to take action in the market.
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On weekly chart
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Long ago did not look at the schedule of USD/INR. The idea remains in force. Proceeding from the current schedule, I remove TP2. There is only TP1 (80.91). Many indicators show divergence in the week and monthly graph. The idea is active.
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