Another Bet On China Optimisim
Fundamentals & Sentiment
HK50:
- PBoC kicked off funding schemes and urged swift adoption of policies to support capital markets
- PBoC Rate Cut
USD:
- Risks: geopolitics
Technical & Other
HK50:
- PBoC kicked off funding schemes and urged swift adoption of policies to support capital markets
- PBoC Rate Cut
USD:
- Risks: geopolitics
Technical & Other
- Setup: S(M)
- Setup timeframe: 1h
- Trigger: 5m
- Medium-term: Up
- Long-term: Up
- Min target: Local highs, harmonics
- Stop loss: 1.28%
- Position size: 0.5R
Trade closed: stop reached
-0.5RNote
Should pay more attention to the closing price of the previous day/week. This time the market couldn't manage to hold above the previous close.
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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.