FX_IDC:USDCNY   美元/人民币
56 0
This is a rising pattern with momentum to the upside because of the same pattern repeating again. First let me explain this pattern.

This is a breakout to the upside pattern because the downtrend always gets rejected upon intersecting the curve be either in the form of flat, failed descending wedge or failed descending triangle . This pattern is generally observed in stocks where noticing that its slowly descending , start selling so that larger institutions with a long term view start buying. Another thing I want you guys to look at is the Shanghai index . Any decent technical trader can draw a pattern and realize that it's still going down by 10-15%.

For fundamental proof, take a look at economic data china releases every week and its so obvious that they are trying to show that the economy is improving but in reality their markets are going down. Another thing is that almost all the large hedge funds are betting against the chinese yuan (you obviously know about the warning China had given to Soros on betting against yuan).

To make a lot more profit , its even better to short chinese stocks like Baidu , Alibaba and Commodity futures like oil and copper
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出