USDCNH trade ideas
USDCNH short Hi guys the USDCNH looks like its currently in a daily complex correction in favor of a Z-leg which is the last leg so it should be able to make another low from here. It really could go even lower than what I anticipate given the current status of things but we will let the chart tell us that.
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Hidden Divergence MACD Cross in Triangle PatternDISCLAIMER and RISK WARNING: Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. The contents and information provided here are for information purposes only, and are neither a solicitation nor an offer to buy or sell forex, cryptocurrencies, futures , commodities or stocks.
USDCNH. Price has changed its trend.Hello dear subscribers!
The price of the Dollar is changing,
this is because the figure on the chart is: “Round bottom”.
This means that the price trend is changing.
However, there is an important condition.
You can buy if the price breaks an important mark near a key level (7.08000.)
Good luck.
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This idea does not provide the financial advice.
Sell under the 382 rebound areaDISCLAIMER and RISK WARNING: Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. The contents and information provided here are for information purposes only, and are neither a solicitation nor an offer to buy or sell forex, cryptocurrencies, futures , commodities or stocks.
Did you get 4 out of 4 shorts windfall ?Most likely not unless you are very experienced in shorting in sideway markets. Drawing on the chart after the patterns has formed is easy.
Firstly, the emotions will come in to stir you to bet bigger had you win the first round. And your head gets big, thinking to yourself you had it all figured out. Viewers look at the chart and say : wow, imagine I can do this every day. No , the fact is you won't do this every day unless you are professional trader.
You require precision entry to maximise the profits and precision exit as well. That means you need to be watching the screen all the time. Do you have that luxury ? You may be staring at the screen for several hours as well. Do you like that ?
So, let's be grateful for the profits we have made, no matter how big or small and learn to keep calm when things ain't going our way sometimes.
USDCNH OPPORTUNITYUSDCAD
Disclaimer
This is not investment advice. Trading entry need more research and real-time confirmation.
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All the best Traders!!,
Zalraki