Kendrick_Chan

HSI | a new downtrend has started

Short
HKEX:HSI1!   Hang Seng Index Futures
  • HSI was running a ascending wedge
  • the false breakout of four resistances confleunce resulted a selloff today
  • the golden timing to entry a short position was last Wednesday as I had mentioned
  • now I will the take half of the profit by the end of today
  • and move the stop loss to entry level for breakeven
  • also wait for a pullback (expected in this week) to add positions
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.