Since this has a small x-wave it appears that we are in a Double Combination, which means that we shouldn't get a full retracement here. I am watching for a 38.2-61.8% retracement, this should put us anywhere from 390-432 USD before this bull-run is complete.
This is a non-limiting triangle so we shouldn't return to the apex, if we do that may be a good sign to stop out of this trade.
"The Master's power is like this.
He lets all things come and go
effortlessly, without desire.
He never expects results;
thus he is never disappointed.
He is never disappointed;
thus his spirit never grows old." -Lao Tzu
Good Luck Traders.
Looks like we broke down last night. From here we should either broke the low under 2000cny and keep going, OR form into a complex correction before going down. Hard to say for sure from this point, but based on time considerations I think a complex correction is likely to form here.
Waiting for the break down to short
LIVE UPDATES POSTED HERE: https://www.tradingview.com/chat/#k2duaEvkzQaA6D