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US Dollar/Chinese Yuan
Short
Updated

USDCNH - SHORT on H4 TimeFrame

69
USDCNH:
snapshot
Break and Retest (or ICI) Strategy to the downside:

  • Entry at retest of support bar or resistance around ~6.55712 and target 0.2782 of Fib Retracement (~ 6.52837).
  • Set SL to previous swing high. Move SL to breakeven once price breaks the next support (~ 6.54360)
  • Close half position at 6.53855 (next major support)


Order cancelled
Trade failed to hit our Limit Order Entry Price
traderdilip
FibonacciTechnical IndicatorsMoving Averages

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FibonacciTechnical IndicatorsMoving Averages
traderdilip

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.