Hang Seng (HSI1!) has been trading within a Channel Down pattern and since the start of this week, it's sideways around the 1D MA200 (orange trend-line). As long as the 1D MA50 (blue trend-line) remains intact, we continue to be bearish within this pattern, targeting 16000 next (Support 1), expecting this to be the start of the new Bearish...
Hang Seng (HSI1!) has been consolidating on the 1D MA50 (blue trend-line) for 4 straight days. Technically it is an attempt to form a bottom, which includes also the 0.5 Fibonacci retracement level, measured from the April 19 Higher Low. The last time a trend both the 1D MA50 and 0.5 Fib was on December 28 2023 and 2 days later. As you can see that was a...
Long Term Analysis : "Wedge Pattern" forming in "Hang Seng" and down trendline is "Breakout". So market move to Bullish Trend, wait for if Retest or Trend Continuation. And the 1st Target is 0.5 Fibonacci Retracement price (20694), 2nd Target is Wedge Pattern Top is 29000. After Reach the Wedge Pattern Top (29000) expect Breakout the Pattern. I want to help...
👋Hello Traders, Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in Hong Kong stock : 700 for Swing trade. Please refer to the details Stop loss, FVG(Buy Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple...
👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Long setup in 1199.HK for scalping. Please refer to the details Stop loss, FVG(Buy Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our...
Hang Seng Index is pulling back to breakout level in the next few weeks, followed by rally.
Hang Seng (HSI1!) is trading within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The dominant pattern is a Channel Down and as long as the 1D MA200 holds as a Resistance, we will continue selling every Lower High. The structure of the pattern is similar to the 2021/22 Channel Down. Once the 1D MA50 breaks again, we will have a confirmed sell...
Hong Kong Stock Index (13 Feb 2023) China economy is back in the full steam and it shall bring HK index upward too. We may be in the minor pull back for the past 2 weeks but I expect the bull force will come back in soon. 20,700 shall be a good strong support region and it shall go back UP higher. Legal Risk Disclosure: Trading foreign exchange or CFD on...
$MEGL Price is beginning to get closer and closer to the apex point of the falling wedge I expect high volatility soon either to the upside or to the downside 🔥 Worth watching to decide which trade to take 👀
HSI has bottom out to 61.8 hitting resistance...the best entry would be around 23500
Will the TVC:HSI index rebound from current zone? $HSI "Hang Seng" Is currently trading in an interesting zone that's worth watching. A breakdown will trigger a retest and a severe fall. However, I see an opportunity here for a decent rebound to 26k. $HSI #HangSeng #Hk50 #HongKong #HongKong50 Follow for more updates... #AHMEDMESBAH
Greetings, the HSI trend has reached a new low point 24424 in 2021 years at 17/09/2021. Then it rebounce back and end with 24920. It could be studied as the investors do not want to let the trend break through 24580 and there is a resistance line at there. The trade volume at 17/09/21 is more than any day trade in September. Will it be a chance to rebounce THIRD...
Weimob #2013 has 2 chances of bottom singal. Now it comes to trendline resistance, will continue break above or pull-back? Let's keep monitor on the PLF indicator if Winner % rise to > 50, then would see the uptrend continues. Happy trading :)
Hong Kong 50 took a drop on Thursday after tech companies declined. We shoulder see strong bullish movement if price respects our current support.
After a crash of 40%+ from the recent high in Feb, is it time to buy Tencent again? Tencent has not closed below the 40 MA on the monthly chart yet. The last few times it has fallen close to this moving average, it has provided a great buy opportunity for the short, mid, and long term. Currently, the MA level to watch is 431. If we close below this moving...
The HSI is bearing the brunt of the China regulatory actions, as equites are being dumped. A second day down, slightly more than yesterday's magnitude, brings the technicals bearish and suggest more downside to follow until the next support. HODL!
Uptrending since January with strong support at the 20 EMA. The most recent dip is collateral damage arising from the China tech crackdown, which has seen the tide lower across the HSI. This represents an opportunity. Additionally, huge supply and demand factors in the global shipping industry at play right now. I expect a bounce off 2.82 if not before that....
Breakout on Trend Close:19.34 EP: 18.95 - 19.72 SL: 18.12/17.0 TP: 20.90/22.32/23.30 Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.