Hong Kong 33

OANDA

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HK33HKD

SonicDeejay

View On Hong Kong Stock Index (4 JUNE 2020) Geopolitical tension is flaring in Hong Kong city-state and it can bring a negative impact on its Stock Market. Today is the holiday and HSI will open from tomorrow. For the past 2 weeks, it was hovering at the support region of 24,250, it shall get broken sooner or later. 23,130 region will be the next support...

SonicDeejay

View On Hong Kong Stock Index (16 MAY 2020) It has hit our expected TP level yesterday. If a trader rushed into HSI shorted over the bad situation gets trapped now. This is how the market works. I will be waiting for another entry, possibly short at a higher level. Possibly near 24,250 regions. Legal Risk Disclosure: Trading foreign exchange or CFD on...

Trader_Shayan

We had a very good trade on HKG33 last month, and now it's giving us another opportunity for a good risk to reward trade. After hitting our previous target (22600) it made a double bottom pattern and broke back above the previous resistance (23500 ish) and it seems like its holding above it and regained it as support. this setup provides a 4R trade to take.

fundernical

prnt.sc Last post saw prices negating 'the 5th wave' with a strong rally. Thus, we can only attribute it to a series of impulses and corrective waves of Wave 4. A further updated post mentioned prices taking us up (in this case and currently, pin point to the Fib61.8 of wave 3 as can be seen in the chart). As the gap between Fib61.8 and Fib78.6...

dinhchien

50% for all predicting. - Risk: 1%. - Data backtest: Dafault from Tradingview. - Good luck.

fundernical

Impulse intra-wave 3 (should be fast and furious??) Prepare for the 3rd intra-wave down (of the bigger TF's 5th wave). As expected, market has retraced (upwards) to our earlier analysis to Fib50 levels and missed FIB61.8 by some (for now). Price gapped up and rose past FIB50 and has not exactly tested FIB61.8 yet. Let's monitor through the Euro and US sessions...

fundernical

Impulse intra-wave 3 (should be fast and furious??) Prepare for the 3rd intra-wave down (of the bigger TF's 5th wave). As expected, market has retraced (upwards) to our earlier analysis to Fib50 levels and missed FIB61.8 by some (for now). Price gapped up in the opening of the Asian session and rose past FIB50 and has not exactly tested FIB61.8 yet. Let's...

Trader_Shayan

HKG33 has been trading in a massive range between 24500 and 23500 since April, last week it failed to hold the lower range as support and broke the range to the downside with massive volume. now it's back to the previous support zone which should act as resistant now. also atm its showing weakness at the resistance. it provides a good risk to reward and easy to...

fundernical

(A Long then Short plan if you dare) otherwise wait it out and follow the trend. Seems like the 1st intra-wave of the bigger 5th wave down has rejected the previously drawn Support on our charts (temporarily). *Link to previous chart is attached. Could it be the start of a retrace (ie wave 2)? If it is, a good entry for a further short at 23,580 level area (in...

Mavski

The rollover is in motion. Possibly a last ditch fakeout coming, but will not change this. Started taking positions. The sink is coming soon.

SonicDeejay

View On Hong Kong Stock Index (6 MAY 2020) HK economy is in the bad shape and it has yet to reflect accordingly in the stock markets of it. We are seeing some bounce up from 23,500 regions and expect it shall be short-lived. As long as the price can't break up the resistant region of 24,250-25,000 region, HSI index will go alot lower soon. The support level...

fundernical

Elliot corrective wave 4 seems to look like a bearish pennant in the making. Price move for wave 5 could be in confluence with Fib50 /Fib 61.8 retracement and some major resistance. Big move downwards should nearing. TP1 can be placed at previous lows (at (3))

SonicDeejay

View On Hong Kong Stock Index (21 APR 2020) We are seeing weakness in HSI. It can swing down to 23,000 region Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange...

JACKRAO

As shown

thunderpips

Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.

SebokaCapital

SELL

JACKRAO

As shown

SonicDeejay

View On Hong Kong Stock Index (3 March 2020) We are in the rebound mode and it will likely take some time. HSI is in the grind support region and it can climb up slowly. 26,800 shall be reachable, soon. But I see the whole thing as a dead-cat bounce phenomenon. Whatever method you use if you do not follow the proper rule of risk management, it will have...