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China’s central bank extended a key policy loan at the same borrowing cost, signaling an intention to aid a nascent economic recovery without adding pressure on the yuan. The People’s Bank of China offered 125 billion yuan ($17.3 billion) via its medium-term lending facility Wednesday, matching the amount of such loans maturing this month. The central bank ...
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Go long after a bullish price action reversal on the H1 timeframe following the next touch of $61,180, $59,807, or $58,309. Put the stop loss $100 below the local swing low. Move the stop loss to break even once the trade is $100 in profit by price. Take off 50% of the position as profit when the trade is $100 in profit by price and leave the remainder of ...