After a successful break of 53-54 area of tight consolidation range, price retested the breakout flip support area of 54 strongly & moved back up in-line with the breakout move.Using 15min timeframe chart, we see a possible buy entry setup around the retest area & we'll remain bullish till price float above 54 area of support here. Below is the setup chart on weekly timeframe & HERE is the 60 & 15 min ENTRY CHART analysis.
USDINR (Daily & Entry Chart Analysis) : MEMBER ACCESS ONLY
SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.
PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only & not any form of advice or recommendations or opinion to anyone.