Hi Uditjain. How are you able to trade Forex in India....? Please suggest. Which broker to use...?
aman_saha
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The yellow line is tested 5 times already and the support has become weak and a lower high formation has taken place already. It is likely to break downwards instead of moving up. Cheers. :)
Dwivedi_VIbhav
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@aman_saha, absolutely.. saw this today.. and that's what actually happened.. break of descending triangle
avinashamaiy
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What I think is, the more price tested the more weaker it will be, hence it will reverse from here ..
@this level big players are trying to retail traders think prices may move up but from here prices may reverse giving them edge to fill their orders Quickly by hitting retail Stop-losses