TradingView
FXT_TL
Aug 11, 2021 6:44 AM

USD/HKD Long

USD/HKDCapital.com

Description

Hello there traders!

As always we provide you with analysis on tradingview.
Currently we are looking at the pair USD/HKD where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S .

Bullish pressure pushes the market up and after the retest of the right shoulder we should see USD/HKD go up.
We also have seen the counter-trendline break wich indicates we are bullish .
Last but not least we see the market create H&S and a rejection of the retest.

This means we are satisfied and ready to take the trade.

Have a good week!

Trade closed: stop reached

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