USDCNH-5 waves completed for wave 1) and expecting wave 2) ...

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MARKET COMMENTARY:

1. This is my first PREDICTION in this pair...and I am watching not trading...

2. There is a clear 5 waves from the low it made 6.3520 to the high it made 6.5285.

3. Once the 5 waves structure completed and we have to expect a.b.c correction or complex  correction for wave 2) as I shown here.

4. Once it completed the correction for the previous impulse wave i am expecting a aggressive move in bull side for wave 3).

5. But the wave 2) could be a complex correction in WXY correction and deeper too.

6. What i shown here is simple correction only...we need to watch the wave formation then only  we can catch the start of the wave 3).

DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS