TradingShot

USDHKD The wonderful wave trading of this pair.

FX_IDC:USDHKD   U.S. Dollar / Hong Kong Dollar
It has been almost 1 year since we published a long-term perspective on the USDHKD pair (chart below) based on a cyclical behavior and as you see it has worked wonderfully:


Basically the Sine Waves couldn't have mapped it better and have successfully projected the sharp fall straight after our article as well as the one that started in May (2023). Right now this Cycle has bottomed and we should again see it rise to the pivotal 7.8500 level. What we want to see after that is a series of Lower Highs on the 1D RSI and as usual that will be the signal to sell.

-------------------------------------------------------------------------------

** Please LIKE ๐Ÿ‘, FOLLOW โœ…, SHARE ๐Ÿ™Œ and COMMENT โœ if you enjoy this idea! Also share your ideas and charts in the comments section below! **

-------------------------------------------------------------------------------

๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ
๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡

๐Ÿ‘‘Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

๐Ÿ’ฐFree Channel t.me/tradingshotglobal
๐ŸคตContact info@tradingshot.com t.me/tradingshot

๐Ÿ”ฅNew service: next X100 crypto GEMS!
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.