USDCNH: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)
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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.