If this level is cleared, then we have a higher chance of seeing it closing the gap (see triangle) which has yet to be filled up. Think about it , China in a way has to thank Covid-19 as after it has manage to contain the virus issue, it is now becoming the go to expert in terms of medical supplies. That brings jobs and opportunities to the people of China who...
The next wave about to begin down in China? For obvious reasons this is a nice risk reward setup.
Among the 3 major China indices, HSI, SHCOMP and CN50, it is the latter that dropped the most from its peak. It has fallen more than 10% from 14695 in mid Jan this year. With the coronavirus that caused much uncertainty in the market, all indices globally, oil, stocks , etc have been impacted as well. If you know how to short-sell , then you probably have...
According to psychologists in the 1920s, there are 3 different ways that people learn. 1)Visual: a visually-dominant learner absorbs and retains information better when it is presented in, for example, pictures, diagrams and charts . 2)Auditory: an auditory-dominant learner prefers listening to what is being presented. He or she responds best to voices , for...
OANDA:CN50USD at D time fame, current the time duration already go through and consumed so many days and could be recognize as wave 5, then the ABC should coming
There are still some uncertainty over US - China trade agreement especially in intellectual property, technology transfer and the human rights issue in Hong Kong. These are challenges that would take a longer time to iron out but eventually some form of agreement would be reached, imo. As seen on the 4H chart, price action is on a bullish trend with minor...
CN50/ChinaA50 sell, and buy every other stock index
OANDA:CN50USD after this big drop, 4H/D time fame correction will coming
After hitting a key area China %0 is failing at key area after a worse than expected GDP # of 6%
Still looking to long.... Free sharing of trade ideas.... "FOLLOW" me to receive email notification when I publish new trade idea "LIKE" this post to receive update on this thread Don't forget to hit the like/follow button if you like this post ;) That's the best way to support me Disclaimer: This information is for entertainment only, it may be incorrect...
as shown... until trend line breaks Previous China A50 analysis.... 20190912 #2 20190911 #1 Don't forget to hit the like/follow button if you like this post ;) That's the best way to support me Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions.... I just post things for fun...
China is injecting billions of stimulus into their economy to try and keep the bubble inflated. Don’t be surprised if you see the Chinese market goes bunkers. More ghost cities and islands but this time world wide.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.