Bull Flag and Euro about to Break Out Against the Renminbihow much are we having when both USD and CNY are collapsing at the same time?
Key stats
Volume
—
Previous close
—
Open
—
Day's range
—
Project Genesis - EURCNH Buy with 15 Minute ConfirmationThe 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame
The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold
Fib Retracement confirms a target to the Long side
Take Profit is Derived from Pivots
EURCNHPast analysis :
The EuroStoxx 50 index is up 0.39%, the FTSEurofirst 300 is stable and the Stoxx 600 gains 0.2%.
The main European stock markets are moving without a clear trend at the start of Monday's session in a context of caution at the start of a week which will be marked by the highly anti
Head and Shoulder on euro vs CNHthe Renminbi has been very strong against the Euro throughout the year. I expect a reversal as PBOC announces new monetary easing policies every day while ECB becomes increasingly hawkish.
EURCNH EURO OFFSHORE CHINESE YUAN STRONG DIVERGENCE 4H CHARTEURCNH EURO OFFSHORE CHINESE YUAN STRONG DIVERGENCE 4H CHART , we may see one more low before a quick reversal
EURCNH Possible 3R Sell at confluence areaAs we see on the chart, the pair is going to retest a very interesting confluence area - a bearish trend on daily and H4, mirror level broken and soon will be retested, bearish trendline with many touches, and also a possible break and retest of a bullish counter trendline. Also, we have a clear imp
HOW TO TRADE LIKE THEM- BAREBACK Ok reaching pro level market psychology and price action is supreme. I’m able to quickly forecast a pair with out any tools
Let’s look at what we see
Bearish sale with a bullish channel
Now psychology what this means is that a balance is taking place. The market need bull in the game for the b
EURCNH_LONG*cup + handle pattern
*look good for long if closes and sustains above 8.2432
*Stop-loss and targets are mentioned in charts itself
Thanks for reading!
See all ideas