USDCNH. Possible wave count. WXYXZ. One more drop on the cards.

It could take more time for this pair to finish a WXYXZ correction.
The last wave X could shape a triangular ABCDE formation.
Break below D point would signal a move down.

Kommentera:

Triangle was broken down as expected and price already moved below the D point.
Lower levels are ahead

Kommentera:

Kommentera:

C is underway, watch breakdown of support

Kommentera:

Kommentera:

update

Kommentera:

Kommentera:

Trade stängt manuellt:

wave Z already hit low of Y - lets not be greedy and book the big profit