Hold it or visit the lowsOnce again pretty important level on the Chinese market. If the price can hold this level we could expect a rally to the top of the triangle, otherwise if it loses it, we will probably visit the lows. NFA by RF_Trading220
Decisive moment for A50 We are getting closer to a decisive moment for A50. Hold the box and run back to 13.4k-13.5k or lose it and go down to 12.6k. No trade zone now, wait for breakdown or breakup. NFA. by RF_TradingUpdated 1
Rebound after retesting the top of descending triangle? Previous H&S idea was invalidated, the price went testing the top of the descending triangle and seems to find some bid there. If we can rally from here we could visit again the range 14'750-15'000. If the price closes back below the triangle look for bearish continuation. by RF_Trading110
Watch out China A shares Price has tested support and rebounded on the descending triangle which was also the 200 SMA. I am expecting the price to raise from here and complete a possible right shoulder (neck at 14.3k). This could lead to a powerful breakout. NFA. by RF_Trading220
Entanglement and WavesThe A50 daily chart level wave count is currently facing the correction of the first yellow wave and the fourth green wave.Longby qwekjc0
Entanglement and WavesA5 weekly chart level wave count: the white fourth wave WXY double three waves end. At present, the white fifth wave is yellow 12345 waves. When the yellow fourth wave of the next sub wave is corrected, wait to step back to pick up moreby qwekjc2
A50 ready to test 15k To celebrate the new year, here some TA on the China A50 index: The breakout of the descending triangle led to a powerful rally that is still in full place and will most likely bring us to 15k. The golden cross (50 SMA crossing 200 SMA from below) could be the fuel to propel us there. 15k representLongby RF_Trading1
DGSTACC: CN1! MACRO ANALYSIS / CHANNEL CONFIRMATION & SUPPORTIn the chart above we are taking a look at CN1! in the 16 hour timeframe. 1. CN1! reaching an end to pennant formation in vital channel support. 2. Previous pennant breaks in current channel level has been bullish in the past. 3. Important to break past 13300 Supply Ceiling . 4. Channel deviatiby DGSTBROKERACC5
CN1!HELLO GUYS THIS MY IDEA 💡ABOUT CN1! is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the sellers from this area will be defend this SHORT position.. and when the price come back to this area, strong sellers will be push down the market again.. DOWNTREND +Shortby rebenga930