zoneofbasem

hong kong longterm view and long setup

Long
OANDA:HK33HKD   Hong Kong 33
hong kong long
😊


Im looking at hong kong 33 and I can see new wave coming for up
There is two look:
The first:
We are in the end of the correction wave (b) and we are going to start the fast (c) wave to make new top
The first part of it going to be the orange (a) and it will be an impulse wave and the target 50% of the (b)

The second:
We are in higher degree B wave and we could have correction then continue the down move to second area (the yellow box ) then will start out impulse wave (historical start)

So in both look we are looking to up move 😊

I put my setup in the chart

Good luck!

Please let me know what you think
Comment:
Comment:
Comment:
move the SL to BE or TP if you like
Trade closed: target reached:
Comment:
feel free to TP in the blue box
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.