USDCNH 18/01/2023

By Azaro12
Updated
USDCNH

USDHCNH plan 18 January 2023

Sell : 6.7700
SL : 6.78400
TP : 6.74200 (2R)

Reason :
1. Downtrend
2. EMA 200
3. M Pattern
4. Retest supply on the neckline
Trade closed: stop reached
no retracement, straight to demand then push upward to upper resistance
Moving AveragesSupply and DemandSupport and Resistance

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