RiosTrades

USDCNH HEAD AND SHOULDER PATTERN

Short
FX:USDCNH   U.S. Dollar/Chinese Yuan
Price action is at its all time high, this reversal pattern that is being formed at this area is very significant to test these previous swing highs and swing lows. Opening next week I will look for bearish momentum on the 4hr candles, possibly may wait for a daily close before entering.
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