CHN50 - 24h expiry - We look to Sell at 13180 (stop at 13260)
Buying pressure from 13031 resulted in prices rejecting the dip.
The current move higher is expected to continue.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further...
CHN50 - 24h expiry - We look to Buy at 13350 (stop at 13245)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A lower correction is expected.
The 50% Fibonacci retracement is located at 13357 from 13116 to 13599.
Further upside is expected although we prefer to buy into dips close to the 13350 level....
CHN50 - 24h expiry - We look to Buy at 13261 (stop at 13101)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Trading within a Bearish Channel formation.
Our expectation now is for...
CHN50 - 24h expiry - We look to Buy at 13540 (stop at 13470)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
The trend of higher lows is located at 13455.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
The hourly chart...
CHN50 - Intraday - We look to Buy at 13100 (stop at 13023)
Buying pressure from 13009 resulted in prices rejecting the dip.
This is positive for sentiment and the uptrend has potential to return.
Weekly pivot is at 13101.
Further upside is expected although we prefer to buy into dips close to the 13100 level.
Our profit targets will be 13320 and...
CHN50 - 21h expiry - We look to Sell at 12765 (stop at 13010)
Buying pressure from 12189 resulted in prices rejecting the dip.
The current move higher is expected to continue. Trading within a Bullish Channel formation.
Our expectation now is for this swing higher to continue towards the top of the trend channel, to complete a correction before sellers return....
CHN50 - 21h expiry - We look to Sell at 12340 (stop at 12570)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move...
This is likely a bad trade since it wicked TP1 before entry. High Risk CN50USD $CN50USD Initial Long. This is a pure momentum signal just as are every other signal I post. ZERO other factors are considered in producing this signal.
Entry reasons: CN50USD is showing momentum and confluence of mean reversion crossing up the 70 day price mean.
Exits and SL: TP and...
Hi everyone,
New Idea: Yesterday we open a short position, Tiny Stop-Loss
Entry= 14817
Stop-Loss= 15094
TP1= 12833
TP2= 11759
Hi risk in this trade, another way to follow this idea, wait for the break of the Trend-line and MACD crossover.
Good-Bye and Good Trading!!!
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If we look closely at what the Chinese government have been doing of late, I would say they are indeed doing a great job for the people of China. From clamping down on the 996 working culture , stopping the fan culture online and drastically reducing the amount of tuition for kids........
Living in Singapore, we are not too much different. Parents with kids...
china 50 doesn t look good, head and shoulder looks like forming...tonight will look if i enter the trade, by now i got stopped out because my broker ended contract
