Hong Kong Daily Update (18/8/17) *Cracks are Showing.
Market did swing down and it is rebounding after the hunting the stop below of 27,000.
IMO, it is likley to go lower again, once the position swapping is done.
As the fundamental for China and HK as a proxy, I am not on the bull side. It is likely to deflate badly soon.
Let's see. I am seeing BEAR.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
IMO, it is likley to go lower again, once the position swapping is done.
As the fundamental for China and HK as a proxy, I am not on the bull side. It is likely to deflate badly soon.
Let's see. I am seeing BEAR.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
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