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VFX-Vincent

Trade War Positive Trade - CHNJPY #vfx #TradeWar #Ichimoku

Long
Offshore Chinese Yuan / Japanese Yen (FOREXCOM:CNHJPY)  
VFX-Vincent  
FOREXCOM:CNHJPY   Offshore Chinese Yuan / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
4Hr time-frame from technical perspective: Rising trend, price above the cloud, Tenkan above Kijun, Chikou is above the price, future cloud is green, Tenkan, Kijun and Chikou not in cloud or price.

I have been using this trade as a hedge on others in this trade war. Deal positive news or abatement in tariffs is positive for this trade. Also has the benefit of not being a direct USD pair when using as a hedge. Any good news for China is generally bad news for the Yen.

TP targets 16.68 17.47 18.25 CNHJPY
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