- July 7, 2020
- Posted by: Tradingshot Articles
- Category: Forex
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Pattern: Channel Up on 1W.
Signal: Bearish as the price is reversing after a Higher High on the Channel Up, with the MACD making a bearish cross on significant downside potential.
Target: 71.500 (expected Higher Low on a roughly -8.40 decline).
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Tradingview link:
https://www.tradingview.com/chart/USDINR/Jw8TQl8X-USDINR-Long-term-Sell-Signal