Simple scenario on Hang Seng where we have a correction and then a continuation of the previous bullish move. 2 potential pathways, same idea. Marked Potential Stop Loss levels on the 2 scenarios. Waiting for the potential buy signal after a timid drop, unless something else happens and it ruins the show.
On July 24th, a meeting of the Chinese Political Bureau was held, and compared to the meeting in April, the overall tone was more positive. The meeting focused on large-scale consumer sectors such as automobiles, electronic products, and home furnishings, as well as service consumption sectors such as sports, leisure, culture, and tourism. There were some...
HS50 - 24h expiry - We look to Sell at 19590 (stop at 19790) Price action has continued to trend strongly higher and has stalled at the previous resistance near 19597. A Doji style candle has been posted from the high. We are trading at overbought extremes. Indecisive price action has resulted in sideways congestion on the intraday chart. Preferred trade is...
bearish start to the week, with hawkish central banks and growth fears continue weighing on investor sentiment ahead of a busy week. The theme remained the same, with investor jitters over the economic outlook weighing on investor sentiment. There were no economic indicators from the region to change the mood. Market Overview It was a bearish morning session for...
this is the Decider for hangseng. we really are in the Middle of it. if it holds this level for a week or 2 expect Fire Works coming out of China all way towards 25k-26k. and if this drops below 17k. Sell and Run bcuz it will go back to 12k-14k range
HK50 is building the blocks for a bullish move but needs to break resistance as shown in the video and top-down analysis.
Trap, flow, location all clearly present More structured scanning and referring to HTF for bias and identifying points of interest
HS50 - 24h expiry - We look to Sell at 19213 (stop at 19373) We look to trade the current range. Trading has been mixed and volatile. Bespoke resistance is located at 19200. Preferred trade is to sell into rallies. The primary trend remains bearish. Our profit targets will be 18813 and 18733 Please be advised that the information presented on TradingView...
It's not a joke. Maybe just a metaphor. I am referring to the little man on the chart and his field of vision. I wasn't feeling in a special in the zone moment when I drew this, in order to expect more than one coincidences on this chart. Maybe this one is enough. End of big bearish candle at the exact end of the yellow line. I have a question for the little man...
HS50 - 24h expiry - We look to Buy at 19220 (stop at 19060) We are trading at overbought extremes. A lower correction is expected. Posted a Double Bottom formation. Neckline support is 19217. Further upside is expected although we prefer to set longs at our bespoke support levels at 19220, resulting in improved risk/reward. Our profit targets will be 19620...
Trap was there Key lesson: Degree of sharpness of consolidation moves in and around trap structure affects pullback depth. More sharp reactions --> less pullback depth and vice versa Ok location HTF flow didn't align as well Micro trade management could have been better Need to get into high confidence backed by reasoning and data mode.
Position Trade - HK50 Monthly: - MN supply is in control, thus we will look for selling opportunities Daily: - A fresh area of supply is found within the monthly supply. Wait for price to retrace to continue to sell
P osition Trade - HK50 - MN TL is broken and is low in the CURVE - Price is retracing back to MN demand zone which is FRESH; great opportunity to go LONG for swing trading with huge room for profit However, one thing unsure is if price is strong enough to break WK CP pattern (in green), or will re-test it again before price can dive straight into MN fresh demand...
HS50 - 24h expiry - We look to Sell at 19220 (stop at 19405) Price action looks to be forming a top. The 200 day moving average should provide resistance at 19235. This is negative for sentiment and the downtrend has potential to return. Preferred trade is to sell into rallies. Further downside is expected although we prefer to sell into rallies close to the...
For Bulls, it needs to break out from the RED ZONE and target 22k. RED ZONE is the accumulation part and currently stuck between Fib 0.5 and .0382
I like the result. Could have gone better. Doesn't seem pure random. It kind of makes sense depending from where you look. Or is it just me?
Allow me to protect my reputation by saying that you should not -- buy what i tell you to buy or sell what i tell you to sell -- Am not an expert in trading i just have a high interest -- Please do your own research -- Now in this video, i explain to you why its a good time to -- trade USDJPY also as a BONUS -- in the video, i show you another Forex pair you...
Is there any hidden message in this picture? Or is it just a pointless peace of Art?