📏 USDCNH went below the channel's lower border, a solid indication of a potential continue of the downtrend.
🐻The consolidation may result in another bearish wave. Thus, we are looking for a Sell trade when the price breaks through the 6.880.
✅ Take Profit: 6, 866 and 6.850
🛑 Stop Loss:: 6.905
🐻The consolidation may result in another bearish wave. Thus, we are looking for a Sell trade when the price breaks through the 6.880.
✅ Take Profit: 6, 866 and 6.850
🛑 Stop Loss:: 6.905
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.
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.