China A50 Textbook breakout and retrace

Long

FTSE CHINA A50 INDEX Futures (SGX:CN1!)

Updated

SGX:CN1! FTSE CHINA A50 INDEX Futures

Trend Analysis a50 china

trendanalysis a50 china

Weekly chart multiyear resistance breakout three weeks ago and now we got the retest. If 15000ish holds, very bullish MT imo. Besides technical, also like the bearish sentiment on China recently.

Comment:

A month since post, follow through nicely, and seems the rest of breaking out is over. Low-risk entry here if haven't already

Comment:

Revisit in 2021, breakout, retested support, and launched!

Related Ideas

about CN50USD

about SHCOMP 2

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.