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USDCNH - Strong resistance - long term - double top
US Dollar/Chinese Yuan
Short
USDCNH - Strong resistance - long term - double top
By SchollD
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Updated
Aug 14, 2018
3
2
2
Aug 13, 2018
Description in the Chart
Aug 14, 2018
Note
USDCNH made a lower high! We can adjust the SL to 6.91
Might break the shortterm support at 6.884 tomorrow
Aug 15, 2018
Trade closed: stop reached
Pattern invalid. Will look for a new entry.
Aug 16, 2018
Note
Usdcnh clear return to our entry
Open short now, Sl 7
Aug 24, 2018
Note
Price is at 6.8 now. Nice break of support, may retrace and swim for a while but Chances are good we go down. Good luck
Chart Patterns
Double Top
longterm
Trend Analysis
USDCNH
SchollD
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