Long Term Analysis : "Wedge Pattern" forming in "Hang Seng" and down trendline is "Breakout". So market move to Bullish Trend, wait for if Retest or Trend Continuation. And the 1st Target is 0.5 Fibonacci Retracement price (20694), 2nd Target is Wedge Pattern Top is 29000. After Reach the Wedge Pattern Top (29000) expect Breakout the Pattern. I want to help...
Hang Seng (HSI1!) has started a technical pull-back after getting rejected at the top (Higher Highs trend-line) of the Bullish Megaphone. The minimum correction within this 4-month pattern has been -5.29%, so we are looking to buy after such a dip, potential 1D MA50 (blue trend-line) test and target the 2.0 Fibonacci extension (19700). This is the standard target...
Hang Seng (HSI1!) is trading within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The dominant pattern is a Channel Down and as long as the 1D MA200 holds as a Resistance, we will continue selling every Lower High. The structure of the pattern is similar to the 2021/22 Channel Down. Once the 1D MA50 breaks again, we will have a confirmed sell...
Hang Seng (HSI1!) has been trading within a Channel Down throughout the whole year. As the rice hit its bottom (Lower Lows trend-line) on December 11 and the 1D MACD formed a Bullish Cross, we expect the new Bullish Leg towards the 1D MA200 (orange trend trend-line) and the to (Lower Highs trend-line) of the Channel Down. The average rise within this pattern has...
HKEX:HSI1! HSI1! 2021 Jan 25 Week Red Greed zones = preferred entry levels Grey box = price rotation If we look at the daily/weekly chart, the high is nearing 30336, previous resistance. Immediate price watch 29488, 29672 Resistant3 = 30336 (Previous high, supply area) Resistant2 = 30098 - 30143 Resistant1 = 29857 - 29905 Support1 = 29323 -...
We did gap up and didn't fill, trapping the late sellers but high volume selling in this up move. Unlikely that accumulation below was enough to carry it to new HIGHS in one go. It can come crashing down at any moment but if it can get to 25300-500, that will be a very good short opportunity. Regards
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Hang Seng (HongKong) Index Daily Chart trading Below All its 50 100 200 EMA. Expecting Support from Weekly 200 EMA Levels 26600. If Broken Further Downfall can be expected As per the levels on the chart. Do Your Own Analysis Before Investments.
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can take short sale Hang Seng Index from 28900-29000 Stop-loss 29500 You will find more trading ideas in SAV Finance community. Good luck!
Pattern: Channel Up on 1D. Signal: Bullish as the pattern is approaching its Higher Low and the 4H RSI is on support levels. Target: 28400 (below the 1W Resistance).