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Hangsengindex

2021 Aug 02 Week OANDA:HK33HKD 2021 Aug 02 Week Last week a historically UHV down bar appeared. Strength always appears on UHV ultra wide spread DOWN bar. Weekly: Market has rolled over with a wide spread down bar closing in middle (UHV) = Indecision. Price bounced off Monthly channel demand line. Daily: Shakeout + Reversal = Strength. Market was resisted at 26340 temporarily. Given the UHV, there should still be supply to clear. H4: Bar A UHV ultra wide spread bar closing off low = strength. Automatic reversal after climatic Bar A has reasonably good bullish volume. Test of the lower region of bar A is to be expected. Bar B test of low has off the low and level with bar A, some demand is present. Strategy: (1) Red/Green zones = preferred entry (2) Dotted Red/Green is to indicate late entry, but risk will be higher since SL is further away Remember to follow and like if you find this useful. Have a profitable week ahead.
OANDA:HK33HKD
by paradox677
Hang Seng Index Futures at Key Inflection Point, Top to Resume?After tumbling recently, Hang Seng Futures are back to retesting a former trendline from 2020 as new resistance. This is also around the often pivotal 61.8% Fibonacci retracement at 26078. The near-term 20- and 50-day Simple Moving Averages (SMAs) still offer a downside bias, potentially acting as key resistance in the event prices materially push higher. Otherwise, downtrend resumption entails clearing key support, which seems to be the 78.6% level at 24708, as the index flirts with bear market territory. HSI1!
HKEX:HSI1!
by QM_Dubrovsky
1
HANG SENG INDEX Will Go Down! Sell! Hello,Traders! HSI is trading below a strong horizontal resistance That was established 4 months ago And once the index retested the level We saw a nice bearish reaction Given the renewed lockdowns in some parts of China Together with the 2nd biggest port brought to a halt And the persistent news of the Radioactive leak In the Southern Provinces The sentiment isn't optimistic And the date on sales of cars and smartphones China confirms that All of that combined make a bearish correction very real And the target is near the previous low that stands at -4% Vis a vis the current levels Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
HKEX:HSI1!Short
by TopTradingSignals
1
[HK50 Short] 8 June, 2021 - Roger V Trading Ideas08/06/2021 HK50 Entry Resistance level idea: Range between 30250 to 30800 Resistance TP Support level idea: 1st aim: 29000 Final aim: 26720 Final SL for all Short positions: 31315 Resistance Level Comments: RVTA trading ideas on HK50, looking at the monthly chart, we can see multiple candlestick has formed in a consolidation queue. This shows that in the long term trend, if it get resisted in between 30250 to 30800 resistance level, the main direction for HK50 will go in a bearish trend over at least 3-6 months time from the date 8/6/2021 writing this trading idea. However, if it was to break the final SL of RVTA trading ideas of 31315 resistance. As per RVTA strategy secrets, it will inversely default look long position for HK50. (Please beware of fake breakouts.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
CAPITALCOM:HK50Short
by aluotradingjournal
HSI1! 10 May 2021 Week (Intraday) HSI1! HSI1! 10 May 2021 Week (Intraday) Weekly | Daily = TBC, H4 and below = Bullish 03 May Week - Rejection scenario played out and green zone price target was reached. After which Bar A dominated the market. The low volume wide spread down bar test of its low at A1 offered good long opportunity; and later climatic bar B as well. Notice how the demand line of a previous channel (grey) acted as a resistance with the highs tracing that line. Will market attempt to return to previous channel? Scenario: If 28663 is accepted, price may attempt 29820. Else we may again see green zone as price target. Have a good trading week ahead.
HKEX:HSI1!
by paradox677
HSI1! 2021 Apr 19 Week (Intraday) HSI1! 2021 Apr 19 Week (Intraday) Noticed that price weren't able to make its way past the midpoint of the channel. Is the market weakening? The support and resistance zone remains. No change to trade levels. 1) Use the range of previous ultra high volume bar as a guide for a immediate support/resistance. Clue: Ultra high volume, wide spread down bar is a sign of strength, WAIT for long opportunity in lower TF. Ultra high volume, wide spread up bar is a sign of weakness, WAIT for long opportunity in LTF.
HKEX:HSI1!
by paradox677
1