Apr 17: Uptrend still intact

TraderBwater Updated   
OANDA:HK33HKD   Hong Kong 33
We are at a decisive point here as the drop has been at an important support. If it continues to break, we will continue with the downtrend. But the uptrend scenario is still the preferred one: with the leading diagonal and a 3-wave correction. If the bullish scenario is correct, we should have a strong bounce from here. Once it breaks above the resistance, we can confirm the bottom is in.
Order cancelled


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.