U Chinese Yuan shortStrong short if Yuan breaks thru the floor. As all information is priced in. 200 ma breached, price may bounce up and continue down.Shortby LittleSovi0
USD Chinese Yuan CeilingThe down trend is now trying to break the ceiling based on historical support levels. Worth considering for your positions.by LittleSovi0
USDCNH [60] Momentum HeadfakeJan 10th, 12:00PM PST We've had a momentum move into a consolidation with diminishing volatility (aka triangle). This is setup is early in development but worth watching. First we want one more bounce off the horizontal trend line of the consolidation. Then we're looking for this to pullback to the 240 21EMA (to prevent Over Extension) and then a quick reverse back over the horizontal trend line of the triangle. This is the entry signal. From there the target is equal to the momentum move which led into the consolidationShortby ParametricTrading1
Will Chinese yuan break historical resistance?As the long term trend is in favor of an uptrend, but the recent ones confirm to a short. However, prices have met the weekly support and is now testing if Chinese yuan will get stronger by LittleSovi0
Usd Chinese Yuan down trendAll information priced in. Weekly shows clear movement of downtrend. Lower highs to lower lows. Ride the bear down. Shortby LittleSovi0
Bears Have Won📏 USDCNH went below the channel's lower border, a solid indication of a potential continue of the downtrend. 🐻The consolidation may result in another bearish wave. Thus, we are looking for a Sell trade when the price breaks through the 6.880. ✅ Take Profit: 6, 866 and 6.850 🛑 Stop Loss:: 6.905 Shortby ChrisLaw11
Usd Chinese yuan shortAs positive sentiment for the yuan is in place, it'll continue down but first it must pass the test for the top and latest resistance and once it bounces off that and goes further down the channel, its home free. This is provided they confirm and continue with catering to the public sentiment.Shortby LittleSovi1
USDCNH (Yuan) obeys classical charting principlesPrior to major moves, the Yuan forms basic classical charting patterns or formations. The USDCNH can be profitably traded using weekly chartsby PeterLBrandt1119
Usd Chinese yuanAll information priced in the price. China has one main issue and that is how to deal with covid because it seems to repeat. China has hopes as it can still bounce to the ceiling, but what ever policy is set; drives their economy. Here's my prayers to the Chinese. Zero covid isn't working because people get sick, but they also get stronger. Exercise and vaccines help. China should consider assistance from the US on how to get back to normal.Shortby LittleSovi1
Usd yuanAll priced in, weekly shows a very strong bear trend. We're currently on 2nd phase where on pull back before it may continue to go down. In between of these, the price is volatile. D1 confirms. 4h confirms.Shortby LittleSovi0
THE HOLY GRAIL CONT There shall be no excuses… thus u do what ever u have to do to be ready! N I’ll tell u what we tell our ppl save like ur life depends on it n be ready to catch the bus when it’s load up!!. Be there or be squared Longby Donajor80
Usd yuan going longSentiment on Chinese yuan because of difficulty in dealing with the Chinese covid situation and lock downs. When rest of the world is normalising and recovering. The Chinese could use the help of other nations and that would improve their situation. Else, my sentiment based on this chart, won't change. I feel they will test that support and bounce further up. Longby LittleSovi0
New trading strategy upgrade Set up your SL and rule yourself following our discipline. Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my trading plan. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Action - using Price movement only, your comments are highly welcome. Message privately for a 1:1 training program - Price Action Strategy. Trade well & Good luck guys.Shortby QQGuo-Shane1
USCNH : HEAD & SHOULDER SETUPUSDCNH has displayed a 5 wave up and a high probable head & shoulder bearish formation with the neckline (NL) broken. Correction is in progress with waves A-B-C couple with Head & Shoulder formation and technical objectives seem to point commonly to a zone worth noting. Interestingly, correction is 0.236% of the move down from wave b to recent low suggests weakness and any down thrust may lead prices to technical objective.by micchua0
USDCNHHELLO GUYS THIS MY IDEA 💡ABOUT USDCNH is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the sellers from this area will be defend this SHORT position.. and when the price come back to this area, strong sellers will be push down the market again.. DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade.. IF you like my work please like and follow ThanksShortby rebenga930
Short EntryBearish 1.LL LH 2.Bearish Engulfing 3.AB=CD or bearish Flag(continuation)Shortby adeelaftab1
USDCHN big shortThis is in line with how I see the market now. Indexes down. Dollar down in various currency pairs Shortby TradeWave071
Short is recommended in USDCNHIn a downward trend, trendline resistance is tested and short position can be taken here.Shortby arsalankb322380
DowntrendDaily chart - a nice head and shoulders pattern, broken neckline. Some weakness before the test of the neckline. Watch for price action against Bollinger bands and the neckline. Monthly chart - the structure is a nice abc corrective pattern. Trade safeShortby UnknownUnicorn3382580112
THE HOLY GRAIL 10K PIPS At point b and before we posted to buy the pair the outcome 10 k pips up! Back test that! Therefore there’s no excuses to why u ain’t wining family ! Collectively yearly we give u over 100k marketable pips to catch in the direction the market will be in to do so and b4 it’s apparent.. so here we go again Buy the low of the double bottom inducement at point c … Did I say there’s no EXCUSES every one of of students n clients are flipping their accounts , why can’t u?by Donajor80
USDCNH - one of the most important charts in FX markets A key set-up for the radar - we currently see a solid test of the H&S neckline, where a break targets 6.6500 - a move here would be conditional on a moderation in US core CPI (due 13 Dec) and a fed funds terminals rate headed to 4.75% - however, any decline in this cross would lift AUD, NZD and be thematic of outperformance in Chinese equities Price is breaking down and while we typically see less interest in this cross than a G10 FX pair, it's importance in macro markets cant be overstated.Shortby Pepperstone7
USDCNH IN WYCKOFF DISTRIBUTION - Seasonally CNH is strong in DEC + JAN - Seasonally USD is weak in DEC - Technically a Wyckoff distribution seems to unfold - A last upthrust / stophunt could happen but not likely - Looking for a 1 deviation drop = sellside liquidity-zone Shortby xtrader1221