Cup and handle pattern structure formed, wait for the good entry at the above resistance level breakout after entering the buy position and another for trend line support level breakout after entering the sell position
Symmetrical triangle pattern structure formed, Wait for the trend line breakout after entering the trade
In the memory of my child Muffin i present you this chart analysis... this chart analysis have multiple confirmations BUT MORE CONFIRMATION ARE REQUIRED AT WEEKLY CANDLESTICK...if you like my work then please give a like to me it will encourage me more to do more chart analysis for you
ANALISIS DEL YUANG EL 24 DE JUNIO EN M&W PARA OPERACION LONG EN SWING TRADE O TECNICA SCALPING
US Dollar to Chinese Yuan (USDCNY) is showing bullish divergence on the daily chart. I am looking at a Long with the initial target of 6.59 from here.
the china's central bank the PBOC might devalue their currency because last year they burnt 1 trillion in their forex reserves but this year there will be at least 3 rate hikes by the fed this should make the strong this is actually a one sided bet because even if the PBOC dont devalue their currency w will make easy money . have a great day.