Another opportunity to Short HKXHKD (HK50)

By machintose
Updated
HKXHKD is still in Seller's territory and now is a good time to short.
Purely Price Action setup and here is my personal trade opinion:

Sell Limit at 23,891
Stop Loss at 24,400
Take Profit at 22,589
Risk Reward Ratio = 2.63R

Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee .
As always, move your SL when you are in the profit zone.
Trade active
Sell Limit is triggered and immediately rejected.
Watch, monitor and adjust your SL when we see a shooting star.

- SatayFX
Candlestick Analysishk50HKXHKDIndicesnakedtradernoindicatorpriceactionsatayfxSupply and DemandSupport and Resistance

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