Looking for a short somewhere between 2105 - 2110
Reasons for the trade:
Initial target would be the bottom of the channel but could be lower if it breaks that.
Reasons for the trade:
- Dollar strength due to planned rate hike
- Volatility from devaluing Yuan
- Top of a downward channel
- Strong resistance that hasn't been broken yet
Initial target would be the bottom of the channel but could be lower if it breaks that.
Trade active
Trade closed manually
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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.