Hang Seng - Stimulus package still lingering to the upside?

Hi guys , next we would look into the Hang Seng. With the Stimulus package made in the Chinese economy we saw a very big boost into the price of the Hang Seng, of which afterwards we saw a decent correction to the current level, I believe from this point forward we would formulate an an ascending channel and push towards the higher level, maybe not the strong Resistance Level, but around the level which I wrote down on the chart.

Entry : 19,740
Target : 20,621

I have entered with 250 contracts.

As always my friends happy trading!

P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!

Note

Trade is running in amazing flow, currently yielding fantastic pending profits, market has formulated a strong bullish run, when we get closer to our target I will re-evaluate and add a note to see if we can extract more value here!

Trade closed: target reached

Trade has been closed we reached our final target

250 contracts X 881 movement = great profit!

Congratulations to everyone who participated.

DG55Capital

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DG55Capital

Join my Telegram community for Forex trading insights, real-time news, educational content and friendly support. Let's grow and succeed together! -

t.me/Capital55DG

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