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laughingchartist

USDCNH [1-3 weeks view]

Long
U.S. Dollar / Offshore Chinese Yuan (FOREXCOM:USDCNH)  
laughingchartist Updated   
FOREXCOM:USDCNH   U.S. Dollar / Offshore Chinese Yuan
Trend Analysis Chart Patterns Technical Indicators USDCNH Forex trading investing Technical Analysis china thelaughingchartist
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trendanalysis chartpattern indicator usdcnh forex trading investing technicalanalysis china thelaughingchartist
LONG USDCNH
Entry: 6.7120
SL : 6.68455
TP : 6.8300

Market reacted and broke above descending trendline resistance (now support).
Market also now above EMA (34).
MACD also shows a bullish crossover and now also entering bullish territory.
Trade closed: target reached:
As expected, market reached target. Precise analysis that was spot on!
+1180 pips (+1.76%)
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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