sngyuchao

USDCNH Short: Overextension, various resistances & Shooting Star

Short
OANDA:USDCNH   USD/CNH
I believe that USDCNH is going to start going down strongly. Today (not ended when I publish) is a potential for a shooting star formation on the daily timeframe. Also, on a macro level, we can see that price has reversed and is currently in resistance zone created by at least 3 measurement techniques.

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