With this push, we move into our next leg of impulse. I expect siege on the declining resistance from 500.
Hopefully will see you all on the other side.
2994 CNY hit. Reasonable move for the larger count (5). Lessened long positions until there is better indication where we will move next.
Trade closed: target reached:
Upon further analysis I think we can correctly call a completed impulse. Booked profits, exited mostly in mid to low 440's. Will watch how this develops to decide how to proceed.