USDCNH 1 H TF
Contracting Triangle can be seen,
USDCNH is at final wave and a move is to be made , It should reach E,
A bullish MACD Crossover is also seen!
Entry can be taken now,
With SL at previous Low ,SL 1, aggressive SL but should be enough
First target of TGT 1, if reversal is seen then exit however If not then scenario 1 can be played out!
If reversal is seen then take short entry!
Possible pips-0.0033
RR Ratio-3.33
Contracting Triangle can be seen,
USDCNH is at final wave and a move is to be made , It should reach E,
A bullish MACD Crossover is also seen!
Entry can be taken now,
With SL at previous Low ,SL 1, aggressive SL but should be enough
First target of TGT 1, if reversal is seen then exit however If not then scenario 1 can be played out!
If reversal is seen then take short entry!
Possible pips-0.0033
RR Ratio-3.33
Trade closed: target reached
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