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MrRenev
Jun 7, 2019 10:32 AM

USDCNH to retest 6.8 Short

U.S. Dollar/Chinese YuanFXCM

Description

Not supposed to raly like this. USD not that strong. On this chart it is at a premium compared to normal.



Also, USDCNH has been following USDTRY with a delay:



USDSEK went down too even. Time for USDCNH.

Comment

Getting close to some significant levels.
I hope sellers eat straight throught :D
I am not sure if moving a stop loss now is a good idea, I won't, once it goes below support thought, I will.

Comment

Delusional bulls keep buying up every dip I am crying.
And with summer coming this could get slower.
I don't trade currencies so I can wait 6 months for a move like with crypto.
Help me. Should not take a whole semester either. Maybe a month or two, maybe it just stays there until September, but it should fall. If it takes too long... Maybe get out?

Comment

Excellent!
Delusional bull finally succombed.
I hope we will make good progress by the end of the week :)

Comments
DACapitalTrading
Great Setup mate! Keep it up and have a look at my new Trade Idea :)
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