YUAN – Back Today on ATA Research Radar
ATA Continuation of…
First of All
Back to 2015
01.12.2015 – China’s Renminbi – New Reserve Star is Born…
2019 – Lasts
1.10.2019 – YUAN – 70-th Anniversary of the People’s Republic of China in Trade War Shadow…
5.11.2019 – YUAN – CHINA BULL CONTRACTION to MASTER 7.00…
2020
17.01.2020 – YUAN – US – China Trade Deal ‘Phase One’ Signed & China No “Currency Manipulator” Strikes…
29.01.2020 – YUAN Offshore – US Dollar Bull Reversal Pattern Activated before Coronavirus Fear Main Strike…
8.04.2020 – YUAN – FX LOCKDOWN…
3.06.2020 – YUAN – TIME for CHINA FX STRIKE…
26.08.2020 – YUAN – China FX Bulls Offensive…
30.08.2020 – YUAN – China Bet Against US Dollar – World Reserve Currency…
YUAN Present Main Motives
All Time
China New Tactic for Yuan Dominance
China Bet Against US Dollar – World Reserve Currency
with
USD F/X Master EM Currencies Pathfinder Falling Wave
&
Global & China Economy Warnings
Second COVID-19 Strike Scenario
after
Last Pandemic Warning & Panic
vs
Present COVID-19 Vaccines Hopes
China – Asian Recovery Hopes
created by Mainstream
with
PBoC Easing Wave
The one-year loan prime LPR rate cut to 3.85% from 4.05%
five-year LPR cut to 4.65% from 4.75%.
vs
Pandemic Second Wave Fear Strikes Back
vs
Roubini ‘Dr. Doom’ Mega Warning
10-year Depression is coming… investors far too confident about a possible recovery…
with
Afterpandemic New Reality
China – ASIA – US – EUROZONE – Global Economy Reopen
Recovery Scenario Mainstream Projections
FED-BOJ-ECB-BoE-Biggest ever Black Swans
Minsky Moment Flat Money “Printing” System
vs
Coronavirus “Ugly Duckling”-Trigger
First of All…ATA from 1.12.2015
First…ATA from 30.08.2020
” Active
2 Main Bear Reversal Patterns – M & 2B
Pattern Inception
M – Key Level 7.18
2B – Key Level 7.15
with
Bear Wave
Back under Psychological Key Level 7.00 “
Second…Present YUAN Situation
YUAN LONG TERM SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Charts have No Temperature
Markets Never Wrong vs Often Mistaken
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
Failed Signal is the Strongest Signal
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
Final…INVEST & TRADE – DON’T FORECAST…
First…Key Motives
above in this text…
Second…Market Technical Patterns
Long Term View
First of All
Now still dominating
Active
2 Main Bear Reversal Patterns – M & 2B
Pattern Inception
M – Key Level 7.18
2B – Key Level 7.15
with
Bear Wave
Back under Psychological Key Level 7.00
Testing Lower 6.70 Zone
&
October Bear Monthly Candlestick
with
MACD Monthly Sell Signal
ATA Investment Conclusion
still Dominating
2 Main Bear Reversal Patterns – M & 2B
with
Present USD/CNY Active Range
6.70 – 7.00
so
special focus on
Next FX Smart Moeny Move
of course with
New Coronavirus News
vs
Next China – Global Macro Strikes
&
Central Banks FED-ECB-BOJ -PBoC & Governments Strikes
ATA Maximes
MAJOR TOPS WERE ALWAYS CREATED on SUPER GOOD NEWS
with
EUPHORY PHASE …!!!
vs
MAJOR BOTTOMS WERE ALWAYS CREATED
on
SUPER NEGATIVE NEWS
with
PANIC PHASE
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
N – TIMES
Finally …
F/X & Metals Maximes
Risk strikes Fast…
Chart is More Important than 1000 Words…
Most Important is Final Smart Money Reaction….
First…EOM – Now October
USD/CNY Monthly ; Weekly ; Daily & H4 – H5 Charts
30.09.2019 – EOM
5.11.2019 – EOD
17.01.2020 – ( End Phase Asia Session )
USD/CNH Daily & H5 Charts
29.01.2020 ( After End US Session )
USD/CNY Monthly ; Weekly ; Daily & H5 Charts
8.04.2020 – ( before Start US Session )
USD/CNY Monthly Charts
3.06.2020 – End of Asian Session
26.08.2020 – Asian Session
28.08.2020 – EOD
12.10.2020 – Assian Session
