NeelamN

USDINR Jan 1st Week View

Long
NeelamN Updated   
OANDA:USDINR   None
USDINR is at the previous support level.
Printed two hammer at the support level with Stochastic Positive Crossover
Wait for a Dip to go long as an inverted head and shoulder pattern seems to be
forming on hourly TimeFrame...
Stoploss below the low of the hammer
Comment:
Trade did not trigger as price opened at SL point
Breaking previous low now, reconsidering that bear put spread or naked put 74PE till next support 73.8
Trade active:
continuing with long view - taking bull put spread
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