TomProTrader

#USDCNH: Bulls Strong, 3 Wave Move Out Of Structure! #Forex

Long
FX:USDCNH   U.S. Dollar/Chinese Yuan
6
A derivative morning star signal at the sideways support, 0.5 Fibonacci retracement shows a clear demand for the pair at this price. Morning star looks very bullish, expecting a break of the wedge to the upside, in the form of a 3 wave measure move into the highs of the range. Looks like a great potential trade.
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