SSE Composite Index (January 1st 2021 through July 2021)
Low: 3,210-3,473 points/CNY
High: 3,914-4,002 points/CNY
Very interesting that we have reached the top of this compression channel again, will it fully break out this time? Or maybe its another head and shoulders... Here are 2 different scenarios I can see playing out, both ending in bullish patterns by summer...?
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: 3,210-3,473 points/CNY
High: 3,914-4,002 points/CNY
Very interesting that we have reached the top of this compression channel again, will it fully break out this time? Or maybe its another head and shoulders... Here are 2 different scenarios I can see playing out, both ending in bullish patterns by summer...?
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
