USDINR on verge of a breakout
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/ (Buy Price-Initial Stop Loss Price)
4. sell 50% of your position on ADX cross of 40, keep the other half and trail the stop with Supertrend indicator or any other indicator of your liking.
After a consolidation sale March 2020, OANDA:USDINR is ready for a breakout. On closing basis It has already given breakout. If it crosses 77.16 with high volumes then one can consider buying it with a stop at 75.80. It has already given a breakout with high volume on 30 minutes chart yesterday morning which is a sign of bullishness.
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/ (Buy Price-Initial Stop Loss Price)
4. sell 50% of your position on ADX cross of 40, keep the other half and trail the stop with Supertrend indicator or any other indicator of your liking.
After a consolidation sale March 2020, OANDA:USDINR is ready for a breakout. On closing basis It has already given breakout. If it crosses 77.16 with high volumes then one can consider buying it with a stop at 75.80. It has already given a breakout with high volume on 30 minutes chart yesterday morning which is a sign of bullishness.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.