Price Action positional trade forecast for EURINR on 06th January
Today there was a Gap Down in EURINR and finally it closed downside at the closing bell of commodity market.Today I Placed my order in short position at 4.55 pm at the closing bell of Currency market.Tomorrow my target is 30 points and the stop loss is the High of 5 th January. Just have a look at daily price chart of EURINR on 5th January
Daily Price chart of EURINR as on 5th January
Price Action Positional trade forecast for GBPINR on 6th January
Today there was a huge Gap Down of almost 80 points in GBPINR and finally GBPINR closed downside. Bearish price action set up is created in GBPINR. Today I placed my sell order in GBPINR at 4.55 pm i .e closing bell of Currency market. Tomorrow my target is 30 points and stop loss is High of 5th January. Just have a look at Daily Price chart of GBPINR below
Daily Price Cart of GBPINR as on 5th January
I will update the result tomorrow
Result update of price action forecast positional trade in EURINR and GBPINR AS ON 6TH January
Today EURINR reversed by 12 points in the opening bell of currency market and GBPINR opened 5 points down.But I squareoff my position at the opening bell of the market. I booked loss of 12 points in EURINR and I booked 5 points profit in GBPINR.
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Happy Trading.