MakaveliFX
Short

A potential market high point, bearish momentum stepping in?

FX:USDCNH   U.S. Dollar/Chinese Yuan
23 1 0
A possible market high forming a relatively nice pin bar , however we would like to see this pin converted in a BEOB             , with a strong close below 6.25. PA also has divergence for further confluence.
I like this trade idea, especially with the short term divergence. I too, would also view the first trouble area where you have indicated shown by more than a couple of bar highs and bar lows. Lets hope you get the price action confirmation to get you in.
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out