USDCNH: Minor Wave Y Set to Complete Intermediate Correction 4 – A Fun and Quirky Analysis from Orbex Blog!
USDCNH Minor Wave Y To Complete Intermediate Correction (4) The internal structure of the USDCNH pair hints at the primary zigzag pattern Ⓐ-Ⓑ-Ⓒ. This in the long term forms a cycle correction IV. The final primary wave Ⓒ takes the form of an intermediate 5-wave impulse (1)-(2)-(3)-(4)-(5). The current structure could indicate that bullish intermediate…