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KaKeungChoi
Sep 8, 2016 4:33 PM

USD/CNH- 08 Sept. 2016 - Intraday 

U.S. Dollar/Chinese YuanFXCM

Description

USD/CNH- 08 Sept. 2016
1 hour chart for daily entries

All S/R levels has power to reverse the trade,
but once broken with a closing candle
Support will become Resist, and Resist will become Support.

Only trade when levels are touch for the first time with a 15min engulfing candle to confirm the reverse.

Do Not chase price, let the price come to the S/R levels before entries.

How to Trade my lines:
Green and Orange Lines-
Thicker the line stronger is the level
dotted Lines - weak support and resist levels
Blue lines - Strong S/R
White Lines - Very Strong S/R
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