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PontusTrader
Nov 10, 2017 6:45 AM

USDCNH on two resistance trends coalescing 做空

U.S. Dollar/Chinese YuanFXCM

描述

Two strong resistances are coalescing together, unlikely price will succeed pushing higher here especially with DXY losing steam as well. We have what appears to be two pennants, one pennant in another.

Stop loss should be somewhere around those upper wicks on previous candles.
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