FOREXEL
Short

USDCNH - Planning ahead for a double top at the supply zone

FX:USDCNH   U.S. Dollar/Chinese Yuan
43 0 5
Not fun to trade a double top after the fact and it is clearly visible and confirmed on the chart. This since one miss out on getting a good price. I would like to enter a short around 6.1755 area where it has bounced before, but the weekly chart closed with a double top and that could actually be the re-test from the breakout in early October so watch current level closely. It could take off south from here. Or it will break the resistance and head for another (possible) double top at 6.1755-ish. Lets see
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out