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.

Note

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

Note

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

aibek

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aibek