Get started
WellTrainedMonkey

HSI: Top of range for 5% short trade

Short
Hang Seng Index Futures (HKEX:HSI1!)  
WellTrainedMonkey Updated   
HKEX:HSI1!   Hang Seng Index Futures
Trend Analysis Harmonic Patterns Chart Patterns Hang Seng HSI hsishort
1
0
trendanalysis harmonicpatterns chartpattern hsi hsishort
Think the chart says it all, HSI futures at top of consolidation channel which sets us up for a nice short to test the bottom of the range at 29550, for 5.5% downside potential. This has a clearly defined stop out range and gives optionality for a potential channel breakdown to test a ABCD target of 27500.
Order cancelled:
Duplicate Post
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.