6May2025
Hello everyone! how was the HSI trade so far?
From the previous updates trust everyone likely knows how the movement of the Index.
Paying attention on how it moved and the forecast of futures movement seems predicted. Of course, some times it may not go according to what you forecasted. Hence, to develop your own trade plan is essential.
From previous posts:-
MACD - Deadcross formed 20/3/2025 on D Chart.
MACD - Goldencross formed 21Apr2025 on D chart, although still within bearish zone but it did a short bull run since then; opened at 21015 on 22Apr and as of writing 22613; it gives around 1598pts ~7.6% gained.
HK50
Fast forward to now:-
4H chart
at point of writing ✍️: the Index uptrend mode is on track again.
Trade for profit requires persistency and consistence. The constancy is kind of boring.
Buy into support Sell at resistance.
Set your TP/SL & protect your capital.
currently on D Chart -
20EMA:22065; 50EMA:22080 (both are sticking together at the moment and curving up)
🚨 as of ✍️ :
🗝️ Resistance Level : 22700-22730
🗝️ Support Level : 22360-22400
🗝️ Strong Support Level : 21950-21990
W Chart:-
HSI
HSI continues its Bullish mode with strong pullback! Recovery could expected to see in end Jun - early Jul'25.
17Mar2025 -
24Mar2025 -
7Apr2025 -
6May2025 -
Continue the Long call forHSI with the forecast and repetitive of history the next 4-6weeks might be a good profit taking level; hold any long position and manage the risk as well.
Target to take profit: 24630-24910 (it may break 25000 level, and paused at 25300 strong resistance level, you may crosscheck with Month chart for the Bullish trend; last week the MACD signal line break above the zero level.)
For current markets condition, the CHN & HKG continue to be volatile with the continuing noise from tariff and on macro the numbers could be mixed.
🎯 Reminder: For long term (6-18 months) continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point. Again, everything is impermanence. Manage your risk, position sizing. Take only the risk that you can afford.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you.
Stay sharp, trade smart, and let consistency be your superpower. 📈🍵📙
Continue to trade; continue your life as it is!
Happy Trading!
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage peoples who pursing the same journey.
Hello everyone! how was the HSI trade so far?
From the previous updates trust everyone likely knows how the movement of the Index.
Paying attention on how it moved and the forecast of futures movement seems predicted. Of course, some times it may not go according to what you forecasted. Hence, to develop your own trade plan is essential.
From previous posts:-
MACD - Deadcross formed 20/3/2025 on D Chart.
MACD - Goldencross formed 21Apr2025 on D chart, although still within bearish zone but it did a short bull run since then; opened at 21015 on 22Apr and as of writing 22613; it gives around 1598pts ~7.6% gained.
HK50 Fast forward to now:-
4H chart
at point of writing ✍️: the Index uptrend mode is on track again.
Trade for profit requires persistency and consistence. The constancy is kind of boring.
Buy into support Sell at resistance.
Set your TP/SL & protect your capital.
currently on D Chart -
20EMA:22065; 50EMA:22080 (both are sticking together at the moment and curving up)
🚨 as of ✍️ :
🗝️ Resistance Level : 22700-22730
🗝️ Support Level : 22360-22400
🗝️ Strong Support Level : 21950-21990
W Chart:-
HSI HSI continues its Bullish mode with strong pullback! Recovery could expected to see in end Jun - early Jul'25.
17Mar2025 -
24Mar2025 -
7Apr2025 -
6May2025 -
Continue the Long call for
HSI with the forecast and repetitive of history the next 4-6weeks might be a good profit taking level; hold any long position and manage the risk as well.Target to take profit: 24630-24910 (it may break 25000 level, and paused at 25300 strong resistance level, you may crosscheck with Month chart for the Bullish trend; last week the MACD signal line break above the zero level.)
For current markets condition, the CHN & HKG continue to be volatile with the continuing noise from tariff and on macro the numbers could be mixed.
🎯 Reminder: For long term (6-18 months) continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point. Again, everything is impermanence. Manage your risk, position sizing. Take only the risk that you can afford.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you.
Stay sharp, trade smart, and let consistency be your superpower. 📈🍵📙
Continue to trade; continue your life as it is!
Happy Trading!
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage peoples who pursing the same journey.
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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.
Related publications
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.