Symbio_X

Chinese Index Resistance Retest

Long
Symbio_X Updated   
OANDA:CN50USD   China A50
Hi fellow Traders, soon there is coming the restest of the 5-year old Resistance.
This is a pretty obvious and easy Setup and im positive about bouncing bullish from there to mid/longterm target of channel Top.
This is more for Investor then Traders as is has a multi year horizon to sell.

Entry is 14700 - 15700


DYOR and have a nice Day.
Comment:
target reached, now hodl =)
Comment:

maybe its just me getting nervouse that we didnt bounce yet but there is also a little probability that we we go a little lower to this support.
Comment:
but buying here is still nice if you have a multi year horizon to sell.
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.