Cash-is-King

I'll be short! C'mon the USA

Short
Cash-is-King Updated   
FX_IDC:USDCNY   U.S. Dollar / Chinese Yuan
Nice short opportunity where, we have seen our big bull run last year and have now been in a downward trend for quite some time.

You will see on chart the ascending triangle is formed and we are nearly 2 thirds of the way through trading this triangle where indicators are telling us we will break low and continue on a downward trend.

This has huge upside and minimal risk, short break of ascending triangle and target at 5.70.

This trade will take a few days to develop we are entering into the break zone now and will of course break before the apex.

This has amazing upside potential anywhere from 10-12% within a 30 day duration.

Cash Is King, we all know it so let's trade. Follow for your daily signals
Comment:
Here we are testing base of formatting now and may break low as predicted.
Comment:
Here it looks like we have broken low and current are id way through an ABC to retest level before we continue down.
Comment:
on the way to target 1.
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