hong kong long
😊
Im looking at hong kong 33 and I can see new wave coming for up
There is two look:
The first:
We are in the end of the correction wave (b) and we are going to start the fast (c) wave to make new top
The first part of it going to be the orange (a) and it will be an impulse wave and the target 50% of the (b)
The second:
We are in higher...
Inflation INFLATION ! Lately Decried
Though HK Debt Yields, They Do Not Lie
A Gentleman's Market, You Can Be Sure
Honest Of All, Though Somewhat A Bore
d-MR96nBa 🌌
Detailed Variants of Idea Chart Below 🖼️🎨
TVC:HK15Y
TVC:HK15
Recently Hang Seng Index reversed on a strong monthly Supply Zone finishing it's external bullish cycle
The price decided make an external bearish cycle.. now it's advised to SELL at long term basis.
Next destinations:
A) DEMAND (26908.14 - 26021.63)
Here price need to decide: if reverse in order to back to SUPPLY (32004.32 - 31126.20) OR BREAKOUT ,...
The study is based upon Volume Price Spread Analysis and Momentum
Close: 4.00
EP: 4.10- 3.93
Sl: 3.54
TP: 4.26/4.63
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
wait for some bear signal in the hourly to short HKXHKD. The move from the zone make the four hour trend a down trend right now, with a nice pull back, we might see some sellers get in and we might sold off next few days. Overall, still waiting for some confirmation in hourly candles.
Hang Seng has been devastated by the recent negative geopolitical climate, reaching in August the 24,900 1W Support. The rebound that followed on 1D was rejected near the Lower High trend line (dashed) and 1D MA200 (orange line) thus keeping 1W bearish (RSI = 43.695, MACD = -309.550, Highs/Lows = -317.3100).
We have had a Death Cross formation on that bottom and...
