TradingView
sngyuchao
Jul 3, 2018 8:21 AM

USDCNH Short: Overextension, various resistances & Shooting Star Short

USD/CNHOANDA

Description

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.
More