VIPindicators

PERFECT Sell opportunity for HK50 - High Reward Low Risk

Short
PEPPERSTONE:HK50   Hong Kong 50 Index
Here is a perfect SELL opportunity for the HK50... You can see the market has not broken pass the trend line to the upside for over ONE YEAR!

The other support trend line has been broken which indicates that the market will continue to head towards the downside...

The current price also rebounded off the 61.8 fibonacci level which is a huge sign that the HK50 will head downwards!


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