Pending short: USD/CNH - descending triangle (range trade)
Trade points:
Macro
- Trade will likely be influenced by impending FOMC comments and may breakout/reverse outside of current range
- Ongoing trade war comments & advancements
Technical
- 4hr candlestick confirmation required (close past CTL)
- EMA crossover
Macro
- Trade will likely be influenced by impending FOMC comments and may breakout/reverse outside of current range
- Ongoing trade war comments & advancements
Technical
- 4hr candlestick confirmation required (close past CTL)
- EMA crossover