Hong Kong Stock Index (Fire In The Hole!!!)
View On Hong Kong Stock Index (21 FEB 2020)
Did you read our Bullish call to 28K level previously? Well. It is done and dusted.
We are in a pullback phase and it is gaining momentum. I expect it can go down further first but Please be cautious as well.
26,700-27,000 region can act be as some strong support or sort.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Did you read our Bullish call to 28K level previously? Well. It is done and dusted.
We are in a pullback phase and it is gaining momentum. I expect it can go down further first but Please be cautious as well.
26,700-27,000 region can act be as some strong support or sort.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
View On Hong Kong Stock Index (25 FEB 2020)
It was going down as we expected and it is making a bounce as it has hit the decent resistant region.
But as long as the price can't overtake 27,600 to 28,000 region, we can say it is still under BEAR pressure.
It was going down as we expected and it is making a bounce as it has hit the decent resistant region.
But as long as the price can't overtake 27,600 to 28,000 region, we can say it is still under BEAR pressure.
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The expected take profit (TP) level is hit. Congrats!