CNHUSD trade ideas
USDCNH BIG SL SMALL TPHI, TRADERS
MY NAME IS KD
TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :)
YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT.
THERE IS NO OBLIGATION TO CLOSE AT TARGET TP.
RISK MANAGEMENT IS VERY IMPORTANT :)
HAPPY TRADING~
_________________________________________________
WANT TO LEARN MORE OR RECEIVE ACCURATE AND IMMEDIATE SIGNAL?
Telegram: KDEZ00
USDCNH waiting for the rallyI checked the USDCNH and the price has drop away from the planned trade. However, the bullish impulse formed in W1 TF is still in tact as it retrace in 38.2 Fib retracement so I see a possible long position if there will be another rally on the upside
Entry 7.08863
TP 7.1895
SL 7.04855
USD/CNH Long Trade - Entry 7.11742Stop Loss = 7.06588 / Take Profit = 7.27177 > Coupled with a 1% risk with 3% reward.
Once the trade reaches a 2:1 point move SL in front of opening at a 1:1 point to mitigate risk.
Keep Chasing that Paper!!!
Exhaustion of uptrend in triangle patternDISCLAIMER and RISK WARNING: Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. The contents and information provided here are for information purposes only, and are neither a solicitation nor an offer to buy or sell forex, cryptocurrencies, futures , commodities or stocks.
USDCNH Break and Retest of Rising Penant (4HR)Chart shows a bullish pennant with a break and retest. Market is overall in UpTrend as well. So, should be pushing up a good amount of pips within next few days to reach the previous highest daily resistance. This analysis has worked thus far confirming buys for me on 1 hour with "W" at the lower lows. All in all USDCNH looking long here
USDCNH 3/30/20 BUYVERY SLOW MOVING PAIR Low RISK .... OVERLEVERAGED
Price is closing and entered on a big support area
Pice formed a bullish penant got out for 20 pips last week before market closed due to swap fees for holding over the weekend would like to see it push all the way up to the top of the start of the penant
Breakout of minor trendlineDISCLAIMER and RISK WARNING: Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. The contents and information provided here are for information purposes only, and are neither a solicitation nor an offer to buy or sell forex, cryptocurrencies, futures , commodities or stocks.
Descending Triangle Wait for break out and retest of about 61.8% fib retracement then enter sell. GL
20200331 Short USDCNHChinese March PMI data beat expectation. Manufacturing PMI jumped from 35.7 in Feb to 52 in Mar. (Exp. 44.8) while Non- manufacturing PMI jumped from 29.6 in Feb. to 52.3 in Mar. (Exp. 42). Data shows that the economy has been stabilized since the outbreak of the virus. Now might be stronger comparing to the U.S. Technically, USDCNH is still above 7, and relatively high comparing to recent highs. Daily MACD is currently downward sloping, stochastic also passed overbought zone, might be a chance to sell USDCNH.
USDCNH. What to expect in this global crisis?Hello dear subscribers!
China is rejoicing!
No new cases of coronavirus infection have been reported.
This means that China is opening its provinces,
the process of production and trade is getting better,
the Chinese yuan is growing,
but in America the opposite is the case,
the number of infected people is increasing every day by hundreds or thousands of people,
another factor that favorably affects the Asian market is cheap oil,
now the price per barrel is 21.80,
such an outcome is not beneficial for the Americans.
Everything will be decided only when the countries included in the OPEC + alliance resolve the economic collapse.
Good luck, do not get coronavirus!
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
USDCNH could drop below 7 to complete correctionIt looks like we can see this pair revisiting sub-7 area to hit the downside of the channel around 6.82.
