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Rykin_Capital
Oct 26, 2020 3:11 PM

Expecting a downturn on the USDCNY. Short

U.S. DOLLAR / CHINESE YUANICE

Description

Yes, about to enter Subwave 4, retrace to some estimates I indicated. Then finish off the main Wave 5 of impulse. Then she'll retrace again, most likely to .618 or even lower. No guarantees folks, even with Elliott, which the closest thing to a guarantee in market forecasts. NFA

Trade closed: target reached

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