USDCNH: UPDATE FROM LASTCALL

94
Previous posting of 3 of 3 down is negated because of overlap of minor ii exceeded the start of i. The structure now suggests a probable wave a and wave b are formed and a downswing for wave c.

There are other possible outcome from this current structure which is also a possible triangle pattern. if so, then the latest low must not be breached and has bullish implication.

Watch for development

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.