Short
USDINR - Potential candidate for short - Target 70.5
The Rising Wedge in Uptrend - Not much movement on the higher end while it is making higher lows
Price Action - It is near the monthly supply which could act as a short term top.
SL - 72.5 (RR 1:1)
Price Action - It is near the monthly supply which could act as a short term top.
SL - 72.5 (RR 1:1)
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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.