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...
HK50 has retraced almost 20% after advice from Gov. on reopenings and easing of China's strict COVID policies to hit the 200-day MA, sloping down in a parallel channel since. Current market sentiment has declined on re-escalation of COVID related deaths and infections, however the market has yet to correct inline with this, so any continued deterioration will...
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...
HK50 - Intraday - We look to Sell at 19560 (stop at 19821) 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 prefer...
HS50 - 22h expiry - We look to Buy at 17450 (stop at 17115) Buying pressure from 17289 resulted in prices rejecting the dip. This is positive for sentiment and the uptrend has potential to return. 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...
Trade Idea: Selling HK50 Reasoning: Top pattern on HK50 Entry Level: 17641 Take Profit Level: 16980 Stop Loss: 17796 Risk/Reward: 4.25:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
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...
We have Bearish 3 Drives with an Exhausted RSI on the 50 Hour HK-50 Chart I think it willatleast return to Last Week's Low.
Insight: ---------- - China reiterate covid lockdown - Very red export/import data (low economic activity) - Possible incoming bad datas from China, including retail sales and inflation - PBoC keep fixes yuan vs USD higher
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...
daytrade on M5 or M15 Timeframe. this kind of chance is rare. wait london traders open might cause volatility and re-bounce fix. RM3-RSI divergence-BUY, looking for 1.5R, put 2 trades. trade all ideas on live.
hk50 it is just a trade playing support and resistance
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...
Whilst the overall trend and sentiment point lower, yesterday’s false break of support could provide a potential bounce for the Hang Seng index. Despite its downtrend on the daily chart, the HSI produced a strong bullish engulfing candle on the 25th of August which showed strong demand around 19,200 – a level which has held since May (and a similar candle...
INSIGHT: -------------------------- - Retest the TC red line - Vwap resistance zone - 10Y yield back to pre U.S. CPI (not good for indeces) - Still the same slowing down data for China, including the CPI
Insight: - Far below consensus china CPI - Global indeces drop toward US CPI - Below TC red line and Vwap
The H4 and D1 trend is a clear down. The price is inside the H4 moving average. M15, M30, H1 is all overbought M15 divergence present Stop-loss above 21150