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motleifaul
Dec 6, 2019 6:12 PM

3 Falling Days in a Row  Short

FX:USDCNH1D
U.S. Dollar/Chinese YuanFXCM

Description

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A larger retracement down may be expected at least. We are in a downtrend already and I recommend to mind the doubletop and to look out for a possible Head and Shoulder if the neckline will be undercut.

Trade closed: target reached

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Trend Analysis
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