USD/CNY Analysis on 4H TF, a reversal is coming
Hi Traders and Investors, Please find above my vision for USD/CNY for the coming days, the price is about to finish the bullish move, at 7.15, it will reverse and go back down, the price action is showing a weekness of bulls who can not make a higher high anymore and the last higher low has taken over the previous one so it's a sign of a reversal as well. Feel free to comment and share your point of view, Follow me for more daily analysis in all kinds of markets.
Trade active
The price followed exactly my predictionTrade closed: target reached
The Price reached both targets as predicted, a very good trade :)
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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.