USDINR_BREAKOUT AFTER GOOD CONSOLIDATION PHASE_BIG GREEN BAR
A breakout is a potential trading opportunity that occurs when an asset's price moves above a resistance level or moves below a support level on increasing volume.
The first step in trading breakouts is to identify current price trend patterns along with support and resistance levels in order to plan possible entry and exit points.
Breakouts occur in all types of market environments. Typically, the most explosive price movements are a result of channel breakouts and price pattern breakouts.
Now this time RSI Justify USDINR Breakout, entering above RSI 60 level after long time.
The first step in trading breakouts is to identify current price trend patterns along with support and resistance levels in order to plan possible entry and exit points.
Breakouts occur in all types of market environments. Typically, the most explosive price movements are a result of channel breakouts and price pattern breakouts.
Now this time RSI Justify USDINR Breakout, entering above RSI 60 level after long time.
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