1st weekly target already hit, not very safe to enter now. Now is the time to wait patiently for RSI to retrace to 50 level before deciding on the next step. It is 21bars since the last MACD cross, if the retrace is deep, it might go down to meet the MACD (green circle); which I doubt so. Any thing beyond 23k is already pushing the envelope. For this chart, the...
HANGSENG HKG33 ANALYSIS It seems we are at the start of a possible wave 2 in the minute period of a wave 3 minor period ? I've set up a buy limit once the price point hits my entry at 21096.00, which will confirm the wave 2.
Big move coming, and it's more likely to come downside.
SHORT Hang Seng SHORT From 25000 to 7350 !!!
HSI is likely walking in a 5 waves correction triangle.
A bullish gartley pattern on the daily chart signifying downside upto 19000 levels.