I have no loyalty to any specific market. I only pledge allegiance to the market with high opportunities to make profit. Tianjin ZX looks like completed a cup & handle formation. If it can break 1.10 , based on the depth of the cup, 1.38 could be a possible price objective.
SMA 13, 26 crossover indicate potential reversal from the downtrend and starting to trend up.
Recent correction provide an entry opportunity to ride the uptrend.
Immediate resistance at 1.23, next resistance at 1.30. Stop loss at 1.07.
