Long Idea

6 באוג׳ 2017

USDCNH bounced from the support zone and formed a weekly pin bar. We can either place a stop order over the pin bar high or place a limit order at around 50% of the pin bar range while hiding SL below the support zone. Possible upside targets are 6.7950 followed by 6.8450 and 6.9150. This is a potential 3R trade, in my opinion. Remember some Chinese and US Data's are ahead.
"Trading is a game of probabilities not certainties"