the_paradox

Protective PUT strategy | Inverted H&S pattern

Long
the_paradox Updated   
FX_IDC:USDINR   U.S. Dollar / Indian Rupee
4H time frame : Inverted H&S pattern, neckline has broke and the target is 82.8210. This is for a aggressive traders

D time frame : Daily candle has to close above the LH level 82.2025 for the conservative traders.

Weekly time frame : The Ascending triangle is still valid pattern.

Have explained the Protective PUT strategy for those with the lesser capital and fear of loosing capital. Beginners please hedge your position and trade.
Trade active:
based on 4H time frame inverted H&S pattern,
Trade closed: target reached:
:-)

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