USDCNH Bullish Wedge with Long Setup

2020-01-28 05:33:17

The Bullish Falling Wedge in the USDCNH pair has broken upwards, but in the overbought Long Signal.
Therefore, in order not to forget, I think the stop level should be kept a little wide.
Coronavirus is among the conditions that adversely affect the currency.

I hope this situation is taken in the name of control without further threatening the health of people.

This analysis may be more risk-free under the following parameters:


Risk/Reward Ratio : 1.32


Position Size < %1


Stop-Loss : 6.93151


Goal : 7.0551


Regards.