ridethepig

Buying the dip in USDCNH

Long
ridethepig Updated   
FOREXCOM:USDCNH   U.S. Dollar / Offshore Chinese Yuan
Here we are getting very close to the moves and trading the initial breakup in this final 5th wave on the large timeframes (see attached: "Adding upside exposure on a correction" for more details on this count).

Dollar strength is coming to our screens, time to position.

Best of luck
Comment:
First target hit!
Trade closed: target reached:
Only the single here in thin liquidity markets for Fed.

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