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...
HS50 - 24h expiry - We look to Buy at 20900 (stop at 20670) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The hourly chart technicals suggests further downside before the uptrend returns. We look to buy dips. Although the anticipated move higher is corrective, it does...
HS50 - 24h expiry - We look to Buy at 21405 (stop at 21180) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The medium term bias remains bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be...
hong kong long 😊 Im looking at hong kong 33 and I can see new wave coming for up There is two look: The first: We are in the end of the correction wave (b) and we are going to start the fast (c) wave to make new top The first part of it going to be the orange (a) and it will be an impulse wave and the target 50% of the (b) The second: We are in higher...
HS50 - 21h expiry - We look to Sell at 19475 (stop at 19795) We are trading at overbought extremes. A Doji style candle has been posted from the high. Price action looks to be forming a top. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Further downside is expected although we...
HS50 - 22h expiry - We look to Buy a break of 18465 (stop at 17985) Buying pressure from 17703 resulted in prices rejecting the dip. The current move higher is expected to continue. Previous resistance located at 18470. Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 18465, which will confirm the bullish...
HS50 - 21h expiry - We look to Buy at 16461 (stop at 16249) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 16400 level. Our profit...
HS50 - 22h expiry - We look to Sell at 16140 (stop at 16680) Previous resistance located at 15836. We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. We look to sell rallies. Our profit targets will be 14600 and...
HS50 - 22h expiry - We look to Sell at 16695 (stop at 17020) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A Doji style candle has been posted from the high. This is negative for sentiment and the downtrend has potential to return. Further downside is expected although we prefer to sell into rallies...
Technical setup appears to suggest a visit to the range lows is in process (unless a technical reversal takes place) Note: There are two technical targets both pointing to the range lows. 1) The horizontal trade range, having broken down after leaving the range highs & returning into the range. 2) The 1.618 extension of the rising wedge that has now broken down
HS50 - Intraday - We look to Sell at 18890 (stop at 19100) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back...
High Risk Chop Chop HK33HKD $HK33HKD Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
RETEST OF THE KEY LEVEL, HAMMER ON THE 15 MIN, great set up for the short. Target the swing pivot low at 18200
HSI1! 2022 MAR 28 Week Continue to watch reaction at 22703. Weakness expected, market may test 20241. Do note that downtrend remains since trendline has yet to be broken and higher low has not yet formed. Weekly: Ultra High Volume very wide spread up bar rejecting lower prices, followed by average vol down bar closing off low, level with previous bar =...
a strong green canddle with a very desent wick after a strong dive shows an end of the downtrend a possible start of an uptrend .
HSI1! 2022 MAR 21 Week 18037 support returned strongly. Wait for reaction at 22703 as market returns to test previous breakdown and channel area. Weekly: Ultra High volume up bar closing on high = possible weakness Daily: Very high volume reversal followed by average volume up bar = strength H4: Market up on reducing bullish volume = weakness Entry...
HK stock market plunged and the HKTECH had dropped more than 10% today. Let's look at the bigger time frame, and we see this huge harmonic patterns combinations. It broke the B point of the historical bat since 2003, implying a potential entry near 10,888. That's kinda terrible as there are still lots of rooms. Long story short, there is no point to buy the dip...