Yuriy_Kuznetsov

USD/INR: section fast transactions

Long
Yuriy_Kuznetsov Updated   
OANDA:USDINR   None
Hi everyone! USD/INR pair approached important support line which lasts since September of last year. Technical indicators indicate the need at least corrections from this line. After achievement of level 73.60 it is necessary to look attentively behind dynamics of pair as after long accumulation of positions the explosive growth or falling is possible. Now pair is clamped in a triangle.

Buy on 72.94 (purchase from the trend line)
TP = 73.60





Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.
Comment:
SL = 72.78
Trade active
Trade active
Trade active
Trade closed: target reached:
The objectives are achieved! I congratulate all who also as well as I earned from my idea!
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.