USDCNH 2hr 4mo wedge breakout
Updated
Tight range, tight moving averages, recent usd/cnh volatility.
Note the dark blue MA which may act as support for the bottom of the wedge. We want a candle printed below it for confirmation of support collapsing before we enter. We don't want to be first in the trade; we want to be correct.
Note the dark blue MA which may act as support for the bottom of the wedge. We want a candle printed below it for confirmation of support collapsing before we enter. We don't want to be first in the trade; we want to be correct.
Trade active
6.4902 fill
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.