Hong Kong 50 Index
Short

A double sell pattern on HK50 at price

64
21000 to 21100

Why?

1) This pair is still in a downtrend both of H4 and D1
2) We can see the pair had a pattern earlier yesterday for a sell, now it is a type 2
3) There is another pattern forming for the sell off around the same area

We will observe for another 1 hour to get the best price to enter.

The target if everything falls again would be 1:10 Risk to reward.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.