USDINR Next possible Movement

Actualizado
USDINR

Analysis on 12th December 2022

>Wave Count - Possibly Beginning of Correction Wave C on bigger cycle.
>Strength - Between the both the tops shown in chart there is a Berish Continuous Divergence.


Nota
Forming Sort of Triangle in Smaller TF than shown in above chart
Watchful!!

Have A Good Day!!
Nota
Accumulation on top (Downward C type pattern)
Can consolidate till 1st updated Target 81 Rs.

Can breakdown any time
Watchful!

Have A Good Day!!
Nota
Finally Strong move !!!
Nota
Berish Continuous Divergences Showing their Strength.

Have a Good Day !!!
Nota
About to touch T1
81 Rs.
Nota
If USDINR breaks down and make another low, then it will further fall of 5th wave.
Hold short positions with SL of 81.8843 (Closing bases).
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