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USDCNH M15 Cypher

FX:USDCNH   U.S. Dollar/Chinese Yuan
The People's Bank of China cut its benchmark one-year lending rate by 25bps to 4.6 percent on August 25th, 2015. Policymakers also decided to lower reserve requirements for banks. Based on this Cypher pattern may be a good idea :)

SL - 95% of XA (usually it is 113%, but I just like to have short stops), TP - almost 61.8% of CD (I just like to have better RR)
And another trade which finally I didn't catch - and he did not wait for me :) Anyway - again, good analysis :-)
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