Crypt0Jack

HK33HKD Headed to 11,000?

Short
OANDA:HK33HKD   Hong Kong 33
Technical setup appears to suggest a visit to the range lows is in process (unless a technical reversal takes place)

Note: There are two technical targets both pointing to the range lows.

1) The horizontal trade range, having broken down after leaving the range highs & returning into the range.

2) The 1.618 extension of the rising wedge that has now broken down

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.