USDCNH broke bull flag 🦐USDCNH broke bull flag and retest it, above 'd' point.
The price should create another impulse to upside, but beware, the price has a strong resistance ahead
USDCNH trade ideas
USDCNH. Growth to the level of resistance.Hi subscribers!
The price of the Dollar wins over the Chinese national currency.
The price will rise to the level of resistance.
Good luck to you!
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This idea does not provide the financial advice.
$USDCNH - Buying the dip #forex #trading #justitechBuying dip ahead of next major extension in USD CNH
USDCNH SHORT( 23:1 Reward:Risk)-Expert Quantitative AnalysisNet Short Buyers: 6
Cumulative Quantitative Power: 1250
Signal: Sell with the above chart parameters.
(EP #100) Kelvin Trade Ideas USDCNH Bat Pattern 2020-05-17A bearish bat pattern is almost complete in four hours chart, it provides a potential reversal level (PRZ) from 7.15340 to 7.14510. This PRZ is overlapping the previous bat pattern's PRZ. I will wait for the market to reach the PRZ. If the market gives me confirmation signals later, I will decide should I short the market.
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USDCNH. Cup and handle. Hello dear subscribers!
The economic battle between the Great Powers continues.
The price of the Dollar shook at the beginning of May,
but as soon as the price of oil began to rise,
the American currency strengthened in the world market,
and this is facilitated by the currency printing press,
which operates at full capacity.
So the price will develop according to the cup and handle pattern.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
USDCHN Long Trump escalates Trade War with China. Clear cup and handle pattern breakout points to higher USD. More deflation coming.
long shot on a longIF the band brakes and we get a positive clossing candle I will be looking at getting into a small long here ! BUT depending how the news is taken today we may see more down side push before a small turn around
USD/CHN GO SHORT USD/CHN OVERALL UPTREND. i suggest this moment bullish retracement . im not grantee 100% im tell all over market comparing.wait for breakout in downtrend and trend continue .
USDCNH SHORT TRADEUSDCNH broke key level at 7.0990
Pair is downtrend
Price is based below HVN at level 7.0931 which indicates that pair is in distribution phase
RSI rebounded from level 50 which is considered to be resistance level
It's expected to test the demand zone at level 7.0525
USDCNH Long Quantitative AnalysisTrapped net sellers Q1: 12
Cumulative Quantitative Power: 2220
A buy order executed.
Hammer?No, not really. Though the past candle looks like a hammer it is none because of a hammer hammers out a downtrend. We are not there at moment. Nevertheless this candle is not a buying signal the more it appears above the high of the past wave on May 1st and immediately above the MA. This makes a rise more likely.
(EP #93) Kelvin Trade Ideas USDCNH Bat Pattern 2020-05-07A bearish bat pattern is completed in four hours chart, it provides a potential reversal level from 7.15040 to 7.14400. I am waiting for the market back to 7.15040. If the market gives me confirmation signals later, I will decide should I short the market.
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USDCNH - Clean triangle break- $USDCNH broke out of a triangle with a short-term target at 7.24
- Pull back best case around 7.08
