USDCNH trade ideas

edgeAZFX

FX:USDCNH Hello traders, its AZFXedge here presenting a Trade Plan on USDCNH Market structure is Bearish since Sept 2019 Apparently, market appears to develop an Ending Diagonal Pattern on Weekly thus providing early signals of weaning momentum to the downside. Overall market stalls at support zone at 88.6% retracement of previous Bullish move. At this...

ITSCRYPTO1

USDCNH has recently broke above daily supply with a impulse to the upside, followed by a correction to retest previous retest previous resistance as new support in confluence with the 0.618 fibonacci. On the 4h TF we can see price is still in a corrective downtrend, waiting for a break and retest of 4H structure before we can potentially look at a long entry here.

Iman-Alipour

Its time to get buy step by step on the pair. Banks are collecting the pair by #Order_Blocks and did their manipulation. This is a personal idea based on my experiences and the trad responsibility is yours. GoodLuck!

Oluwawithin Updated 

Potential weekly bottom, but has a lot of work ahead to grind higher. Technicals look close for a breakout, and recent dollar strength obviously helping. Is dollar strength sustainable, now dust settled on Powell decision etc?

Great_Reset_Investing Updated 

In my humble opinion Bull div on daily Bottomy on macro Looks nice on action reaction chart I think china will devalue NO ADVICE GIVEN

Great_Reset_Investing

This is an action reaction chart I've done the action reaction lines using major pivots on macro I've the coned down to the daily And here we have bullish divergence at a potential reversal spot Trade at your own risk G.R.I. Dec '21

Rudolfs

Evergrande collapse + found support on the Monthly OB Idea totally invalidated below 6.23564

divinedollars

USDCNH has for a while now been stuck at the demand area but now pushing up. we hope to get some good pips riding this all the way up

Donajor8

Looks like the bulls may finally take price higher where we are expecting a short discount at our zone mentions months ago Here we see a wedge bottom with a shake out for a nice mid ride up north let's see This market is very bearish so it took months for this formation no doubt the bears want a cheaper price n I don't think this market will see higher highs...

oncetrader2018 Updated 

Go naked and be like sniper / rhinoceros...

Thomaswestw

USD/CNH dropped to its lowest level since 2018 after the 2021 low gave way. Prices have been pressured lower by the 26-day Exponential Moving Average (EMA) following a Symmetrical Triangle breakdown in October. MACD is crossing back below the signal line while RSI heads lower. The Yuan may continue to strengthen versus the US Dollar given the current trajectory.

TradeLive-

USDCNH Symmetrical Triangle (Series of Lower Highs and Higher Lows)

TradeLive-

USDCNH Trend Line EMA 10 EMA 20 Higher Lows Up Trend Pin Bar

TradeLive-

USDCNH | Trend Line; Exponential Moving Averages; Pin Bar; Higher Lows; Up Trend

mmjotic

Double bottom forming. Looking for low risk entry on lower time frames. Would like to see a higher swing high then forming of higher low.

Tactical_Trading_Signals Updated 

Short USDCNH on H4 timeframe Entry: 6.39716 TP: 6.37643 SL: 6.41098