US Dollar / Chinese Yuan
Long
Updated

A Long Trade I am in from a couple of Hours Ago. USD CNH

47
https://www.tradingview.com/x/8V8Ua1kY/

This trade has only just poked through the bearish Icimocku cloud which would be a sort of breakout trade if you want to take it.

A lot of traders buying the USD today. Maybe a sign of the times ahead when a flight to safety may still be the good ol' USD Greenback.

I am Long in several USD currency trades for 2 reasons. For example, USD CNH huge rr trade potentially and its a flight to safety if the stock market gets rough I am already parked there with a lot of my cash

tradingview.com/x/8V8Ua1kY/.
Trade active
This has a good run coming up. Hourly chart
snapshot
Trade active
Long USD CNH: Flight to safety and awesome RR
BUY: 6.9970 to 7.0015
SL: 6.9890
Note
This trade is starting to breakout now in the right direction.

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