USD/CNY Analysis on 4H TF, a reversal is coming

May 15, 2020

Hi Traders and Investors, Please find above my vision for USD/CNY for the coming days, the price is about to finish the bullish move, at 7.15, it will reverse and go back down, the price action is showing a weekness of bulls who can not make a higher high anymore and the last higher low has taken over the previous one so it's a sign of a reversal as well. Feel free to comment and share your point of view, Follow me for more daily analysis in all kinds of markets.

Jun 5, 2020

Trade active

The price followed exactly my prediction

Sep 8, 2020

Trade closed: target reached

The Price reached both targets as predicted, a very good trade :)