TomProTrader

GBPCNH: Bulls Around, Bears Swiped, Upside #Forex

Long
FX_IDC:GBPCNH   BRITISH POUND / OFFSHORE CHINESE YUAN
6
Traders,

Strong bullish candlesticks showing a clear rounded bottom/accumulation at the lows of the range. Price hit long term Fibonacci extension expiry level before accumulation formed. Price has shown a nice shift from bear to bull demand, and a breakout of the rounded bottom range is about to occur. Nice upside to be seen. I hope you have a tested trading strategy to trade this move when it starts
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