aibek

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

Short
aibek Updated   
FX:USDCNH   U.S. Dollar/Chinese Yuan
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.
Comment:
Triangle was broken down as expected and price already moved below the D point.
Lower levels are ahead
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C is underway, watch breakdown of support
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update
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Trade closed manually:
wave Z already hit low of Y - lets not be greedy and book the big profit
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