The USDCNH formation hints at a zigzag consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The last primary wave Ⓒ of this correction pattern takes the form of an intermediate 5-wave impulse (1)-(2)-(3)-(4)-(5). The current structure indicates that the market has completed the bullish intermediate impulse (3). S...
Related Articles
Continue reading Usdcnh Eyeing 6.920 Following Cycle Correction Technical Analysis By Roman Onegin On May 9, 2022 on Forex Alchemy.
This post first appeared on Forex Alchemy - Articles, Analysis, Strategies, Re, please read the originial post: here
