Gorestreetideas
HSI / 60m / Break out of Key level Resistance2017-12-22
An update to our previous discussion on HSI.
Previously the market was at the area of decision where either it will break above the Key Level ("KL") Structure Resistance or we could see a price rejection. Now HSI has shown strength and broke above the KL and start to form a small consolidating area right above KL. We are looking for a retest of structure (Green Zone) for an Long entry.
EURGBP / 240m / Head and Shoulders2017-12-15
EURGBP has been moving sideways and bounded by resistance above (near 0.8840) as you can see there are multiple long wicks. However, price has just close above this previous resistance level with an Inverse Head and Shoulders formed. We are looking for a short term Long opportunity.
NZDCAD / Daily / Potential Reverse Zone2017-12-14
NZDCAD had just rebounded from the Monthly Support and is now approaching the Daily Key Level Resistance Zone . We are looking to short inside this zone. A Potential Bearish Bat could be form and we shall closely look at this pair for the upcoming opportunities.
EURUSD / Daily / Head & Shoulder BO2017-11-6
EURUSD has been consolidating above Daily Support and formed a Head & Shoulder Pattern. Currently the market had just broke out the neckline and building up momentum for another downward breakdown. We currently set our target at previously low for more than 1:1 RRR.
Hang Seng Index Future / 15m / Structure tradingMorning Post (2017-7-31)
HSI Gap down 50 pips on last Friday. In short term, this acts as a resistance. (Red Zone)
Trading Tips:
1. Look for a retest near 26,870
2. Next support level near 26730
Once we reach these levels, look for an entry trigger before entering!
Hang Seng Index Future / 15m Morning Post (2017-7-27)
It looks like HSI is losing its momentum in yesterday's section. In short term, the market may go sideways or even retest previous Key Level Support (near 26,700). However, we still expect the market to remain strong if it BO previous High.
Trading Tips:
Although the market has not shown a clear direction on 15m timeframe, our main strategy is still to focus on Long opportunities as HSI has been strong lately.
1. Look for reversal patterns at current level
2. Look for a consolidation then BO near Prev High
3. Bat completion, In case it retraces back to previous Key Level Support (near 26,700)
Hang Seng Index Future / 15m / Inv. Triangle BOTrade Analysis (2017-7-24)
Trading Tips:
HSI just broke out another Key level Structure Support (26,780) and consolidating above this level.
Another Triangle BO occurs and we entered when the market retested the trend line.
SL 1ATR below previous structure low.