Note, I used FIB Level as a guide, it may not reach exactly at the price zone, so monitor the price action on lower time frame
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xie xie, thank you mr market注释
accumulate, a nice bullish engulfing candle注释
it breaks below the 618 FIB level, taking our position out. We will wait for the next buying opportunity
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More than a month ago, the price was at 6.56 and now is 6.26, nearly 300 pips.Despite the Chinese economy transiting more towards its local economy, it is still the world's largest factory for many products in the world. The strengthening of the RMB is not ideal for the exporters and I suspect the rebound has to happen soon.
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we took a small position yesterday at 6.347.
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