this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
🟡USDCNH🟡 15 Minute Confirmation Market Execution Sell EP: 7.21302 SL: 7.22358 (106 Pips) TP: 7.18782 (252 Pips) Risk To Reward Ratio: 2.39
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
20 day range is bulish. Price bounces off the 50%. Price action the smash day bar bullish sentiment. Usd is king.
Waiting for price to respect our hourly demand and push us further into the premium zone
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
USDCNH is printing LH , LL. Stop Loss, Entry price and TP'S have been marked.
Short term mean reversion or reversal of the down trend? Time will tell, but for now this is a safe long. Best of luck! Cheers, Ivan Labrie.
Good morning. We have reached the entry point for USDCHN. We invested LONG, as in the graph.
🟡USDCNH🟡 15 Minute Confirmation Market Execution Sell EP: 7.21556 SL: 7.22277 (122 Pips) TP: 7.18977 (258 Pips) Risk To Reward Ratio: 2.11
I have initiated a long position on the USDCNH currency pair based on the price touching a demand zone. After carefully analyzing the market, I have identified a significant demand zone where buyers have shown strong interest in the USDCNH pair. This zone indicates a potential reversal in price direction and presents a favorable opportunity for a long trade. It...
↪️The USDCHN pair rebounded from an important level of support on a 4H chart last week. Analyzing the 4-hour timeframe, I observed another indication of a potential bullish movement. In this instance, the pair surpassed and successfully closed above a resistance line formed by a falling wedge pattern, as well as a smaller horizontal resistance level, now...
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Hello Everyone 🙋🏽♂️ descending channel pattern 💲 Entry Point : 7.14511 ...
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Because dollar is undervalued. China tried her best to make dollar cheap where two opportunities arise. 1. China to buy dollar cheap and keep a lot and sell upon gain 2. Other countries to buy dollar for safe reason. 3. China may try to raly yuan and other countries to use yuan, but there is no logic to do it. 4. It's either you are for or against USD. And...
Thinking we have a great setup for a shark pattern here, looking for a big pump on this pair starting this week, gl!