USDCNH - Technical Analysis [Long Setup]
🔹 USDCNH Analysis on 1HR chart
- The current Trend is Bearish
- Bullish divergence is present
- If HH is break we will take long position
🔹 Trade Plan
- Entry Level = 7.10808
- Stop Loss = 7.09450
- TP1 = 7.12170
- TP2 = 7.13520
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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- The current Trend is Bearish
- Bullish divergence is present
- If HH is break we will take long position
🔹 Trade Plan
- Entry Level = 7.10808
- Stop Loss = 7.09450
- TP1 = 7.12170
- TP2 = 7.13520
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
Like and subscribe to never miss a new idea! ✌🏼
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