Bullish on USDCNY

٢٢ ديسمبر ٢٠٢٠

US Dollar to Chinese Yuan (USDCNY) is showing bullish divergence on the daily chart. I am looking at a Long with the initial target of 6.59 from here.

٦ يناير ٢٠٢١

أغلقت الصفقة: تم الوصول لوقف الخسارة

With the 4 Jan fall of the USDCNY, this trade is invalidated and the stop level reached. Long only on breach of this candle's high of 6.5266.