November roof broken to the upside
Downtrendline broken to the upside
USDCNH is falling to the abyss.
Price stalled bcs we are at strong resistance 1.19000. Round number.
Meade tells US stock market will rise 12 percent this month (negative for the dollar)
But we have untested weekly CPR and weekly pivot. In case of strong trends they are often missed. But if price pulls backs - it will be be weekly central pivot range area.
At any case I am long for now. If price pulls back I will add to longs.
-------------------------------------------------------------
FOR INFORMATIONAL PURPOSES ONLY.
THIS IS NO FINANCIAL ADVISE. YOU ARE ALONE RESPONSIBLE FOR YOR TRADING DECISIONS.
Downtrendline broken to the upside
USDCNH is falling to the abyss.
Price stalled bcs we are at strong resistance 1.19000. Round number.
Meade tells US stock market will rise 12 percent this month (negative for the dollar)
But we have untested weekly CPR and weekly pivot. In case of strong trends they are often missed. But if price pulls backs - it will be be weekly central pivot range area.
At any case I am long for now. If price pulls back I will add to longs.
-------------------------------------------------------------
FOR INFORMATIONAL PURPOSES ONLY.
THIS IS NO FINANCIAL ADVISE. YOU ARE ALONE RESPONSIBLE FOR YOR TRADING DECISIONS.
Trade closed: target reached:
Partial TP taken at yearly R2 pivot