USD/CNH
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(EP #61) Kelvin Trade Ideas - USDCNH Bat Pattern 2020-03-12

A bearish bat pattern is spotted in four hour chart, it provides a potential reversal level from 7.02140 to 7.00360. Because the market just create a new lower point, now it is in a callback situation, so this selling opportunity is a follow-trend trade. I will wait for the market to give me a confirmation signal, then decide should I short this market.

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