USDCNH - SHORT on H4 TimeFrame
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USDCNH:Break and Retest (or ICI) Strategy to the downside:
- Entry at retest of support bar or resistance around ~6.55712 and target 0.2782 of Fib Retracement (~ 6.52837).
- Set SL to previous swing high. Move SL to breakeven once price breaks the next support (~ 6.54360)
- Close half position at 6.53855 (next major support)
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