U.S. Dollar / Offshore Chinese Yuan
Short
Updated

USDCNH - short plan

Another one for shorting. Any peak in red area is worth shorting, at least to the TP1. It may surprise and jump up to 6.99 level, so not rushing in trades would be wise. I'm thinking to trade only from Tuesday London open to Thursday NY close, since Mondays and Fridays can be tricky (but are good for scalping).

Daily view:
snapshot

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active
Trade closed: stop reached
SL hit right above red rectangle. I'll be back.

Disclaimer