EURCNH - 1 -> 0 -> 1.272 once more? Corto

Euro / Offshore Chinese YuanFOREX.com

Descripción

⋅ 1 de Mar. de 2020 11:07

Just a placeholder for now, since I'm not sure if there will be another high here - in this case, I'll have to adjust second Fibonacci and yellow line. Let's see how it will behave in the next week.
(inspired by @ridethepig idea: tradingview.com/chart/EURCNH/cJH3gTxB-ridethepig-EURCNH-Market-Commentary-2020-03-01/)

Daily chart:

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)

⋅ 2 de Mar. de 2020 7:47

Updated to new local high, not much difference, main target remains 7.5000.

⋅ 2 de Mar. de 2020 8:02

And added small short.

⋅ 2 de Mar. de 2020 13:39

SL reached. Will be back :)

⋅ 3 de Mar. de 2020 14:49

Shorting here.

⋅ 4 de Mar. de 2020 12:36

Added more on break of 7.725.

⋅ 5 de Mar. de 2020 8:06

Adding small chunks to short.