- HSI is in a falling trend channel in the medium long term. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 22780, ideally with an increase in volume, signals a further rise. - The index has support at points 19500 and resistance at points 22600. - The RSI curve shows a rising trend, which is an early signal...
HS50 - 24h expiry - We look to Sell a break of 20150 (stop at 20455) Previous support located at 20250. Previous resistance located at 20500. Price action has stalled at good resistance levels and currently trades just below here (20600). We expect a reversal in this move. A move through 20150 will confirm the bearish momentum. Our profit targets will be...
HK50 intraday trading alert 3 simple steps to find a quality setup ! Risk Reward Ratio 1: 2 Anyone same idea with me? BUY HK50 Good luck traders..
HS50 - 24h expiry - We look to Sell at 20209 (stop at 20430) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for sentiment and the downtrend has potential to return. Previous resistance located at 20209. The medium term bias remains bearish. Further downside is expected although we prefer...
HS50 - 24h expiry - We look to Sell at 19570 (stop at 19810) Buying pressure from 18823 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...
Hongkong 50 Bearish Sequence of lower highs and lower lows Short on strength Ep: sell stop at 18830(break of lower high) or sell limit at 19130 (.382 fib level) or in instant sell between these 2 levels Red candles as sellers are present SL: 19600 last lower high TP1:18639 TP2: 18344
2023, week 11 HSI: at 19,161 According to the latest market update, the Hang Seng Index ( HSI ) is still not in a upward trend, with a current long close at 19,161 points. Use backtesting to evaluate and make objective trading decisions. - PresentTrading #HSI
The HK50 Index has recently given a breakout above the trend line on the four-hour time frame, indicating a potential upward trend. The index has broken several previous highs and is now taking support to continue its ascent. Traders looking to enter the market can consider a long position, taking advantage of the current support level for a potential...
HS50 - 24h expiry - We look to Sell at 19635 (stop at 19901) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The medium term bias remains bearish. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is...
HS50 - 24h expiry - We look to Sell at 19820 (stop at 20150) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The medium term bias remains bearish. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is...
HSI:HSI 2023, week 10 HSI: at 19,821 According to the latest market update, the Hang Seng Index (HSI) is still in a downward trend, with a current long close at 19,821 points. #HSI #market #trending #investment #backtesting
HS50 - 24h expiry - We look to Sell a break of 19635 (stop at 19860) Selling posted in Asia. Selling pressure dominated price action yesterday and we expect this to continue today. Previous support located at 19635. The medium term bias remains bearish. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 19635,...
HS50 - 24h expiry - We look to Sell at 21020 (stop at 21245) Buying pressure from 20525 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...
HSI: at 19,821 HSI is still moving downside. I would be a trader, instead of a holder. Keep an eye on the market, and be patient. Good luck and happy trading. - PresentTrading #HSI #BTC #market #crypto #trending #investment #backtesting
`HK50 is making higher high and higher lows continuosly , as per the dow theory the trend will be in uptrend , also bullish harami pattern is formed at the trendline , so we can expect a trend continuation from here..
HK50 WAVE2 ZZ forming , Forecast will move to 68.1 Fibo level and return W3
Something bullish is happening in China, potentially primarily due to the reopening and all the liquidity injections by the PBoC. China never raised rates while slowly adding liquidity to markets. We saw a significant capitulation when Xi became emperor for life by removing everyone that could potentially cause trouble to him from the CCP, as well as when we first...