Gazooks
Short

Possible Cypher pattern forming on USDCNH

FX:USDCNH   U.S. Dollar/Chinese Yuan
Cypher pattern yet to complete. Currently has resistance at the .618 fib, and has formed a double top there. If it breaks the resistance the sell target is 6.1671.

Interesting to see how the Yuan behaves with patterns, and the risk is quite high as spreads on the Yuan are typically high

The trade would be:

Sell at 6.1671
SL at 6.1840
First Target 6.1548
Second Target 6.1374

So 2 trades, if first target reached bring SL to zero on second trade.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
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