Time to consider a short on CN50USDIn a nutshell:
Idea is based on the current Momentum and...
...decison of PBOC not to increase interest rates and...
...additional US import tariffs on Chinese gods (USD 50bn); TBC
Trade range within the existing triangle
Keep an eye on the trade volumes (support gets lower around 12,050); would not expect an immediate break of the support, but the probability is increasing
SL/TP won´t be shared for this trade (but should be obvious)
Trade will be triggered after confirmation of the import tariffs
This is not an advice it is only my personal opinion.