Weekly Out Look For USDCNH,
USDCNHSame Process The MAEST Formula
#1 M = MARKET STRUCTURE ( Declining Stage USDCNH 1D-TF )
#2 A = AREA OF VALUE ( Price is at area of previous resistance, could potentially b resistance again )
#3 E = ENTRY TRIGGER ( Previous daily candle close fromed a tweezer top )
#4 S = STOP LOSS ( you set SL 1ATR avbove the daily range or 25pips above the daily range from entry )
#5 T = TAKE PROFITS ( Set a target 🎯 TP at the nearest swing lows )
More clues, as long as I'm concerned we are still in declining stage ( Market Structure ) so I will be looking for SHORT signals at daily areas of value
wait for it to act at those levls then I follow the Price.
And if price close below 6.45400level and sustain below it, the only thing I will be waiting for is a break of the daily trendline to finally go
SHORT.
With, Entry Stop Loss and Take Profits as shown.
Your HomeBoy
01Kim's FX
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