Republishing this from my USDCNY post.
1. Head and Shoulders pattern
2. MA's + PA show a bottoming pattern
3. China will devalue the Yuan (Remnimbi)
4. Dollar
DXY will go over 106
5. Gold
XAUUSD will go below $1,500 oz.
6. Silvere
XAGUSD will go below $15 oz.
Trade idea related to this currency pair that goes through other macro factors
twitter.com/ic_investing/status/1442843570092785671?s=20
10, 20, 30 year yields mirror this PA - and show USD will be going up as yields are starting to. When China devalues the Yuan, the FED will be helpless to push it down unless they go all in on YCC via UBI. Then you'll want to pivot into
XAUUSD or $XAGUSD.
1. Head and Shoulders pattern
2. MA's + PA show a bottoming pattern
3. China will devalue the Yuan (Remnimbi)
4. Dollar
5. Gold
6. Silvere
Trade idea related to this currency pair that goes through other macro factors
twitter.com/ic_investing/status/1442843570092785671?s=20
10, 20, 30 year yields mirror this PA - and show USD will be going up as yields are starting to. When China devalues the Yuan, the FED will be helpless to push it down unless they go all in on YCC via UBI. Then you'll want to pivot into
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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.
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.