The Bullish Falling Wedge in the USDCNH pair has broken upwards, but in the overbought Long Signal.
Therefore, in order not to forget, I think the stop level should be kept a little wide.
Coronavirus is among the conditions that adversely affect the currency.
I hope this situation is taken in the name of control without further threatening the health of people.
This analysis may be more risk-free under the following parameters:
Regards.
Therefore, in order not to forget, I think the stop level should be kept a little wide.
Coronavirus is among the conditions that adversely affect the currency.
I hope this situation is taken in the name of control without further threatening the health of people.
This analysis may be more risk-free under the following parameters:
- Risk/Reward Ratio : 1.32
- Position Size < %1
- Stop-Loss : 6.93151
- Goal : 7.0551
Regards.
Trade closed: target reached
Target already reached with 101 pips!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.