FlowState

HK33 approaching resistance, potential drop!

Short
OANDA:HK33HKD   Hong Kong 33
HK33 is approaching our first resistance at 28029.9 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 24437.6 (horizontal swing low support, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.

👉👉 Join The OFA Inner Circle:

📓📓Learn Order Flow like a PRO:
www.ofa-course.com

🧑‍🏫🧑‍🏫 Author of the #1 Order Flow Script:
www.tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis

📧📧 DM me if doubts (100% response rate)
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.