The Index seems hits the ceiling ;trade cautiously!Hello everyone, is Friday! Last trading of the week! This week has been a challenging one.
Hope everyone stick to the trading plan.
Trade plan is the same, buy into support and sell at resistance based on your trade tf.
4H Chart PEPPERSTONE:HK50
This morning the MACD seems has reversal sign although the GoldenCross form below zero line ,at least showing the end of the bear, monitor to confirm it's not a fake reversal. 🚨
As the D chart showed the Index still out of uptrend channel again as mentioned from previous post, as long as the Index out of the upper trend channel then the pullback is inevitable for the next wave.
However longer tf, it's still bullish which created higher high for thr W Chart. HSI:HSI
it would be great if this week could close 24669(last week Hi). But unlikely, what do you think?
Happy trading everyone.
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Hang Seng HSI
What's next for HSI? Hello everyone, how was the Monday strong pullback?
my short break did not stop the participation of the index slope down ski 😂 😂 😂
Hope everyone stick to the trading plan.
Trade plan is the same, buy into suppysel at resistance based on your trade tf.
4H Chart
Today probably a reversal happens but it could still in retracement mode., trade cautiously.🚨
As the D chart showed after the Monday 477pts plunged pushed the Index out of uptrend channel again as mentioned from previous post, as long as the Index out of the upper trend channel then the pullback is inevitable for the next wave.
However longer tf, it's still bullish which created higher high for thr W Chart.
it would be great if this week could close 24669(last week Hi)
Happy trading everyone and zen with 📚 and 🍵 once your SL/TP set.
** Please Boost 🚀/LIKE 👍,FOLLOW 🔔 SHARE 🔁 and COMMENT ✍️ if you enjoy this idea! Share your trading journey toencourage the trading buddies.
Hang Seng Index Reaches Three-Year HighHang Seng Index Reaches Three-Year High
A month ago, while analysing the uptrend in the Hang Seng index (Hong Kong 50 on FXOpen), we noted that:
→ Positive sentiment was driven by the success of the DeepSeek startup, boosting Chinese tech stocks and mobile operators.
→ Price movements formed a bullish structure based on Fibonacci proportions.
→ Analysts predicted the uptrend could persist until the second half of March.
Today, the Hang Seng index (Hong Kong 50 on FXOpen) surged above the 24,500 level for the first time since February 2022. According to Reuters, investor enthusiasm for artificial intelligence continues to fuel the rally.
Technical Analysis of the Hang Seng Chart
New price data support the construction of a large-scale upward channel (marked in blue).
From a bullish perspective:
→ The median line of the blue channel has shifted from resistance to support (as indicated by arrows).
→ The price remains within the intermediate purple ascending channel.
From a bearish perspective:
→ The last two candlesticks show long upper wicks—an indication that sellers are active, possibly locking in profits.
→ The RSI indicator is forming a bearish divergence.
Given these factors, the price appears vulnerable to a pullback. However, the future trajectory will largely depend on fundamental factors, particularly the ongoing tariff tensions between China and the United States.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
oh wow, seems the Index has the wheel to run!Hello everyone! Happy Friday!
News📰 : anticipate more positive news to come (of course mixed with some -ve for retracement) 🔮
Look at the HSI D Chart
- posted 28Feb2025
- posted 3Mar2025
- 7March2025 at point of writing; the index trading above the support level of 23500 (the 28Feb2025 Hi); it tried to go back to uptrend channel and staying above! (broke on 28Feb2025).
Monitor the Trading volume: finance.yahoo.com
Avg past 3 months : 77.909Bn (+19.18% for the past avg vol); this imply the fund flow is abundance, hopefully this continues! Although the vol is slightly less than the last Oct 2024.
Look at the 4H chart
PEPPERSTONE:HK50
The HSI last Dec 2021 Hi @ 24385 is being tested again today!
Now, what's next? 25147, btw now and then Next level that we are looking at to break (oh wow! we need to add in past Higher Hi):
22840-22900
23241-23275-23314- 23471 (need to break above this level to change back to uptrend movement, else probably is gonna be sideways, continue to monitor and confirm)
23952-24101
24385
24586
24747
24800
25147
🚨 as of ✍️ :
Resistance : 24385 - 24586 - 24800. Let's monitor; this level is now being tested and see if breaks and staying above.
🗝️ support level
22750 -23535 (this level being tested few times; it's now became strong support level). Don't think this can easily broke down.
MACD - Goldencross was marked in Green (5Mar25)
KDJ - Remained at Bullish green zone since 4Mar25, the CFD is now in a short bullrun cycle.
BB - Still within lower BB channel and gap up trading at upper BB channel/
the Mid-line 4H chart at 22960-975 was corrected from 23320.
Trade Plan : 23477-24385 - 24751
Buy into support & Sell at resistance
the 1H showing it's now bullrun on the 2nd half of today. Ride on the waves and locked in your profits.
🚨🚨🚨 Locked your profits and watch out for reversal for retracement!
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵 for profits.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
HKEX:3067 - open position now, add position when it retraced to 11.63,,11.33 or below. If you have missed, you may tk position still good to start at 11.85,11.99,12.15
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage the trading buddies
is the Trumph speech boost the Index? n is Wednesday the humpdayHello everyone! How was yesterday trade? Hope everyone stick to the strategy set the SL/TP for your day trade.
News📰 : as expected and anticipate more positive news this week 🔮
www.tradingview.com
**China shares waver, HK bounces as Beijing vows more support for consumption, AI**
HSI +1.30% at this news published.😂
Look at the HSI D Chart
- posted 28Feb2025
at point of writing; the index closed below key support level of 22900-23000 (the strong level of 23000 which is the 10MA level, the uptrend is broken 28Feb25); as mentioned this level has been retest 3 times, let's continue to monitor.
However, today the Index open Hi. So trade ⚠ cautiously. Don't chase Hi.
Trading volume: finance.yahoo.com
Date Volume
Mar 3,2025 4,338,200,000
Feb 28, 2025 6,578,300,000
Feb 27, 2025 6,257,000,000
Feb 26, 2025 5,138,100,000
Feb 25, 2025 4,449,800,000
Monthly
Mar 1 2025 - 4,338,200,000 (as of todate)
Feb 1 2025 - 93,960,700,000 (+7.53% from prev month)_correction
Jan 1 2025 - 52,385,800,000
Dec 1 2024 - 56,349,200,000
Avg past 3 months : 77.909Bn (+19.18% for the past avg vol); this imply the fund flow is abundance, hopefully this continues! Although the vol is slightly less than the last Oct 2024.
Look at the 4H chart
PEPPERSTONE:HK50
The HSI last Oct Hi @ 23241 has been broken, this level could be the resistance level for the Index to break the next level Hi. The HK50 last Oct Hi @ 23258.
Now, what's next?
As updated:-
Next level that we are looking at to break:
20985
21336-21350
22020-22535, 22840-22900
23241-23275-23314- 23471 (need to break above this level to change back to uptrend movement, else probably is gonna be sideways)
23952-24101
24385
🚨 as of ✍️ :
it stays above 22535(retest 3 times and this might formed very strong support level).
🗝️ support level :
22990 broken :22340-22750 (this level being tested 3 times 17,20Feb & 4Mar; last tested at 22535.3)
MACD - Deadcross was marked in Green, continue to curving down (4h Chart)
KDJ - Reverse to Bullish green zone on 4Mar25; the CFD continue to trading the upwards trend till now.
BB - Still within lower BB channel and gap up trading at upper BB channel/
the Mid-line 4H chart at 22960-975 was corrected from 23320.
Trade Plan: might pullback to 23020 to fill the gap. Range : 23025-23258
Buy into support : 22880-22960(confirm with indicators)
Sell at resistance : 23150, 23190, 23372/400, 23454,23512(it soared to hit ,this morning)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵 for profits.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
HKEX:3067 - open position now, add position when it retraced to 11.63,,11.33 or below. If you have missed, you may tk position still good to start at 11.85,11.99,12.15
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea or need help! *
Looks like HSI got a morning energy boost is not a Weakday!3/3/2025
Hello everyone! Happy Monday today is not a Weakday but a wonderful weekday start of the week 🫰 🫶
News📰 : this was from 28Feb2025
www.tradingview.com
N this is this morning 3Mar2025 - what do you think? I suspect more good news will come this week. 🔎🔮
www.tradingview.com
Look at the HSI D Chart
- posted 25Feb2025
- posted 26Feb2025
- posted 27Feb2025
- posted 28Feb2025
at point of ✍️; the index closed near the key support level of 22900-23000 (the strong level of 23000 which is the 10MA level); as mentioned this level has been retest 3 times, let's continue to monitor.
Trading volume: finance.yahoo.com
Date Volume
Feb 28, 2025 6,578,300,000
Feb 27, 2025 6,257,000,000
Feb 26, 2025 5,138,100,000
Feb 25, 2025 4,449,800,000
Feb 24, 2025 5,264,600,000
Monthly
Mar 1 2025 - 93,960,700,000 (+7.53% from prev month)
Feb 1 2025 - 87,382,400,000
Jan 1 2025 - 52,385,800,000
Dec 1 2024 - 56,349,200,000
Avg past 3 months : 77.909Bn (+19.18% for the past avg vol); this imply the fund flow is abundance, hopefully this continues! Although the vol is slightl less than the last Oct 2024.
Look at the 4H chart
PEPPERSTONE:HK50
The last Oct Hi @ 23241 has been broken, this level could be the resistance level for the Index to stay above for the next level.
Now, what's next?
As updated:-
Next level that we are looking at to break:23330, 23525, 23990, 24101, 24385.
🚨 as of ✍️ :it seems it stay above the key support level of 22990.
🗝️ support level : 23500 (broken) , 23175 (broken), 22990 (testing), 22741
MACD - last marked WAS deadcross and curving down as marked in YELLOW. After 8 bars-it reversed as marked in GREEN. and NOW it formed Deadcross again (as marked in YELLOW)
KDJ - Remained in bearish red zone with chance that it could reverse upwards.
BB - Still within lower BB channel and testing to break the BB mid-line for 4H chart at 23330.
Today Trade Plan: 22785-23504
Buy into support : 22900 ,23,005, 23169,23283 (confirm with the indicator if it's on the bullish zone)
Sell at resistance : 23400, 23353, 23335 (short/TP with shorter timeframe bearish zone, cross-check and wait for confirmation.)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
HKEX:3067 - open position now, add position when it retraced to 11.63,,11.33 or below. If you have missed, you may tk position still good to start at 11.85,11.99,12.15
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea or need help! *
HSI clocked out early, TP sit back and relax wait for next move!
Hello everyone! Today one of the web hot topic - all the 7 stars align and there must be something happen!
What do you think?
"Bulls took profits, bears took chances—HSI took a nap before the next round!" 😴📈📉
Here you go...now come with this news 📰
www.tradingview.com
**Shares in Hong Kong plunged 309 points or 1.3% to 23,415 on the last trading day of February, marking a second session of losses.
The Hang Seng fell further from its highest in over three years, set earlier in the week, and was on track for its first weekly drop in seven weeks, with all sectors posting sharp losses.
Still, markets were on course for solid monthly gains, up around 15% so far, marking a third month of rises as hopes mounted that China’s 2025 Two Sessions meeting next week will outline key policy priorities, including potential support measures for the economy.**
Look at the HSI D Chart
- posted 25Feb2025
- posted 26Feb2025
- posted 27Feb2025
- posted 28Feb2025 at point of writing; the index broke the key support level of 22900-23000 (the strong level of 23000 which is the 10MA level; let's monitor closely next week the new start for the month and see this level can be maintained. (this level has been retest 3 times)
Trading volume: finance.yahoo.com
Date Volume
Feb 27, 2025 6,257,000,000
Feb 26, 2025 5,138,100,000
Feb 25, 2025 4,449,800,000
Feb 24, 2025 5,264,600,000
Monthly
Feb 1 2025 - 87,382,400,000
Jan 1 2025 - 52,385,800,000
Dec 1 2024 - 56,349,200,000
Avg past 3 months : 65.3Bn ; current as of todate / month volume > past 3 mnths avg (i.e 57.98bn)
Look at the 4H chart (main chart)
PEPPERSTONE:HK50
The last Oct Hi @ 23241 has been broken hence retracement is not a surprised!
With the month closing today, the strong pullback is inevitable for institute and whale to take profit.
Please trade cautiously today! 🚨 🚨 🚨
Now, what's next?
As updated:-
Next level that we are looking at to break and steadily staying above this level - 23525, 23990, 24101, 24385
🚨 as of ✍️ it seems break the first support level this morning- and let's see if it could rebound today else it will go down ⬇ 👇 to 23175-22990 level, then 22741.
🗝️ support level : 23500 (broken) , 23175 (broken), 22990 (testing), 22741
MACD - last marked WAS deadcross and curving down as marked in YELLOW. After 8 bars-it reversed as marked in GREEN. and NOW it formed Deadcross again (as marked in YELLOW)
KDJ - Now reversed turned into bearish red zone. It remained in bearish zone.
BB - It is now entered lower BB channel and testing to break the lower BB and create new Lo.
Today Trade Plan: 23000-23504
Buy into support : 22795- 22900 (confirm with the indicator if its on reversal mode otherwise stayaway)
Sell at resistance : 24040,23454,23250 (short and TP within shorter timeframe, cross-check and wait for confirmation)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
HKEX:3067
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea or need help! *
Not every run is a marathon— it needs pit stop! Hello everyone!
Here you go...now come with this news 📰
Market Chatter: China Plans 400-Billion-Yuan Capital Injection for Banks -- 💰💰💰?
www.tradingview.com
Look at the HSI D Chart
- posted 25Feb2025
- posted 26Feb2025
- posted 27Feb2025 at point of writing; the index seems doing quite well since open this morning,
trying to stay above the support level 💣💣💣23500 (and strong level of 23000 which is the 10MA level, if break below this level the Index bullrun end, but it's unlikely as it has been retest 3 times)
Trading volume: finance.yahoo.com
Date Volume
Feb 27, 2025
Feb 26, 2025 5,138,100,000
Feb 25, 2025 4,449,800,000
Feb 24, 2025 5,264,600,000
Monthly
Feb 1 2025 - 81,125,400,000
Jan 1 2025 - 52,385,800,000
Dec 1 2024 - 56,349,200,000
Avg past 3 months : 63.28Bn ; current month Feb volume > 3 mnths avg
Look at the 4H chart
PEPPERSTONE:HK50
The last Oct Hi @ 23241 has been broken hence retracement is not a surprised!
Now, what's next? This is tough question 🙋 - Next level that we are looking at to break and steadily staying above this level - 23525, 23990, 24101, 24385
🚨if it breaks below 23454-23500 (& not rebound) it could go down ⬇ 👇 to 23250-23175
🗝️ support level : 23500, 23175, 22741 t
MACD - last marked WAS deadcross and curving down as marked in YELLOW. After 8 bars-it reversed as marked in GREEN.
KDJ - Now reversed turned into bearish red zone.
BB - continue moving above the mid line of BB, this morning touches the mid-line; so be cautious 🚨🚨🚨
Today Trade Plan: 23454-24050
Buy into support : 23454 -23550 (TP :23600-23775)
Sell at resistance : 23800-24050 (TP : 23525-23454)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
🎯: start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
HKEX:3067
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea or need help! *
Rebound lik a champ, monitor the vol c if the guests left early?Hello everyone! How was your zentradingstrategy? Hope everyone embrace with the retracement.
Sell on news? or Buy the dip?
What did we noticed on yesterday news? pfft..Distraction, distraction...
but here you go for today 😂😂😂: www.tradingview.com
**Shares in Hong Kong surged 520 points or 2.3% to 23,555 on Wednesday, shifting from a weak session the day before amid robust gains across all sectors.**
Look at the HSI D Chart
- posted 25Feb2025
- 26Feb2025 at point of writing; the index seems doing quite well since open this morning, trying to stay above the support level 22990.
Yesterday trading volume: finance.yahoo.com
Date Volume
Feb 26, 2025
Feb 25, 2025 4,449,800,000
Feb 24, 2025 5,264,600,000
Look at the 4H chart
PEPPERSTONE:HK50
The last Oct Hi @ 23241 has been broken hence retracement is not a surprised!
MACD - last marked WAS deadcross and curving down as marked in YELLOW. After 8 bars-it reversed as marked in GREEN.
KDJ - WAS at bearish zone curving down; and now reversed and turned bullish in green zone.
BB - now moving above the mid line of BB from yesterday ranging within the mid-line.
22990 resistance level now reversed as SUPPORT level. Hopefully the retracement is completed. Let's monitor especially the volume see if this is just a rehearsal.
Today Trade Plan: 23150-23670 (ahemmm...trust you can do the math 😂)
Buy into support : 23150 -23175 (TP :23600-23630)
Sell at resistance : 23465-23670 (TP : 23450-23500)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 HKEX:3067
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea or need help! 😍 **
A little dip? Just the market testing if the game still on!Hello everyone!
Sell on news?
www.tradingview.com
**Hong Kong stocks fell 315 points or 1.4% to 23,030 in Tuesday morning trade, marking the second session of sharp losses amid broad sector falls, notably consumers and tech.Traders retreated from riskier assets after the US intensified curbs on Chinese investments and proceeded with tariffs on Canada and Mexico.**
Is this piece of sh *** news helps in trading? 🤐 🤐 🤐
#sticktoyourplan
#trustwhatyoutrust
#followyourowntradingplan
Build your own #zentradingstrategy news can be distraction to your judgements!
Look at the HSI D Chart
Look at the 4H chart
PEPPERSTONE:HK50
The last Oct Hi @ 23241 has been broken hence retracement is not a surprised!
MACD - formed deadcross and curving down as marked in yellow circle.
KDJ - at bearish zone curving down.
BB - it broke down uptrende channel trading in lower BB channel
22990 support level turned resistance level now. If it able to break and stay above this level this week then this is a healthy pull back. Let's monitor.
Today Trade Plan: 22500-23250 (~830pts)
Buy into support : 22600 -22900 (TP :22950-23130)
Sell at resistance : 23000-23100 (TP: 22900-22930)
PEPPERSTONE:HK50
1h Chart
Check MACD & KDJ - wait for the reversal confirmation before taking your swing long position.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
HKEX:2800 - 22.90-22.82 add position
HKEX:2823 HKEX:2801 HKEX:3067
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
HSI took off like a rocket...confirmed bullish24/02/2025
HSI took off like a rocket… then remembered it forgot its wallet and came back for a quick retrace!" 🚀📉
Next target : 24385
HSI 1W Chart
Look at that! ignore the news, the movement and volume
finance.yahoo.com
Goldencross for the week of 3Feb2025 - with trading volume jumped from 3.69bn to 15.12bn.
And the subsequent week volume keeping at >20bn level (for the week of 10Feb & 17Feb)
Let's monitor if this week keeping the same level of volume for the 3rd week.
finance.yahoo.com
we noticed the trading volume increased from 4.42Bn to 6.1673bn last Friday 21Feb25
www.tradingview.com
** The Hang Seng Composite Index on information technology firms and the Hang Seng Tech Index slip 0.5% and 0.1% respectively, while Hang Seng Index adds 0.4%
** Stock up 76.9% YTD
HSI:HSI
The last Oct Hi @ 23241 has been broken today!
MACD, KDJ and BB remained at bullish zone.
Key support level: 22990,22668,22446
Key resistance level : 23675,24167,24385
Look at the 1h chart - posted
PEPPERSTONE:HK50
Today Trade Plan:
Buy into support : 23300-23500
Sell at resistance : 23650-23700 (TP:23630)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
HKEX:2800 HKEX:2823 HKEX:2801 HKEX:3067
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will the movement has memory to follow its old path?20Feb25 ** Hong Kong's benchmark Hang Seng Index (HSI) declined 1.6%, dragged by a sharp correction in technology stocks.
HSI:HSI
20Feb25 - (4H)
21Feb25 (4H)
⏰ ⏰ ⏰
Trade with cautious.
Since the goldencross formed week of 3Feb25 - the index had soared 908pts, +4.49%
The following week; week of 10Feb2025 - another +1486pts +7.04%
For the past two weeks the index had a small bull run of 2543pts; 12.7%
If history repeat, then HSI need a break after consecutive two weeks of climbing. If you see what I see.
The next strong resistance will be the last Oct2024 Hi at 23241. Let's see if today the volume and market sentiment able to break this then is likely to retrace back.
KDJ - The D chart - at overbought and red zone and now turning to red bearish zone.
Look at the 4H chart
PEPPERSTONE:HK50
Overnight the HK50 had touched and broke 23241 and retrace back.
Let's monitor if today there is chance for HSI to break the last Oct Hi.
MACD - above zero level - Bullish zone reversal from deadcross formed earlier and now with light red inverted histogram.
KDJ - Turned Bullish
BB - returning to upper BB channel
Today Trade Plan:
Buy into support : 22850 - 23000 (TP/SL at 22580)
Sell at resistance : 23250 - 23300 (TP/SL at 23200)
Look at the 1H chart.
Be cautious and pay attention. KDJ still ranging bearish zone although the MACD is within Bullish level but with light histo i.e low volume.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
HKEX:2800 HKEX:2823 HKEX:2801 HKEX:3067
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HANG SENG This rally isn't over yet.Hang Seng (HSI1!) has been trading within a Bullish Megaphone for the past 13 months and since the 1D MA200 (orange trend-line) rebound on January 13 2025, it is unfolding the new Bullish Leg.
The previous two both went on to price a Higher High on the 3.0 Fibonacci extension. If this holds on this sequence too, then we are looking for a 27,500 Target price as the new top of the Bullish Megaphone.
Notice also how a 1W Bullish Cross always comes to confirm the new Bullish Leg shortly after the bottom is priced.
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
aiyerr...indeed acrophobia!www.tradingview.com
Hello everyone! the 'sesame door' seems did not fully open 🔓
😂 😂 😂
⏰⏰⏰Cautious!! it open Lo and sellers volume overpower buyers.
HSI:HSI
D chart on HSI
The next strong resistance will be the last Oct2024 Hi at 23241. - It's seems need more booster to reach.
How far to reach the ATH from today? from previous post as predicted it's not that far! - So close yet so far.
We definitely be there this week! --- never time the market we react according to how it moves. This seems unlikely to happen this week unless the sesame door open! 😂
From the soar early this week, today seems facing strong selling for profit taking.
KDJ - is at overbought and red zone and now turning to red bearish zone.
PEPPERSTONE:HK50
Look at the 4H chart
MACD - above zero level - Bullish zone but deadcross formed and curving down.
KDJ - Bearish mode continues.
BB - entering lower BB channel and ranging at lower BB.
Today Trade Plan:
Buy into support : 22310 - 22450
Sell at resistance : 22677-22700
Look at the 1H chart.
⏰ Be cautious and pay attention to the reversal to enter for higher chance winning trade!
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
HKEX:2800 HKEX:2823 HKEX:2801 HKEX:3067
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Is the handshake with magic lantern signal the 'open sesame'?Hello everyone have you found your magic🏮 yet?
😂 😂 😂
Retracement is healthy for continuous bullish mode.
HSI:HSI
D chart on HSI
As mentioned before :-The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? from previous post as predicted it's not that far!
We definitely be there this week!
From the soar early this week, today expecting a pullback in order to retest the Hi.
KDJ - is at overbought and red zone.
Look at the 4H chart
PEPPERSTONE:HK50
MACD - bullish zone
KDJ - now at overbought and retracement mode (bearish mode)
BB - Index continue trading above BB midline and stay within upper BB channel. Be cautious and it could retrace to lower BB range.
Today Trade Plan:
Buy into support : 22550 - 22665 (key support level for 1H Chart)
Sell at resistance : 22800 -22890
Look at the 1H chart.
MACD : it is still at bullish zone but cautious if its not above stay above the support level and might break below zero line and turned bearish.
KDJ : retraced completed and reversal from oversold zone turning into green.
BB : start coming down trade range at lower BB range. Potential for accumulation and easy win when it hit the bottom of lower BB.
Lower BB : Today support level should be at 22475- 22570 (to continue bullish it needs to stay above this level)
Resistance : 22900-23000
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Hope you found your magic🏮, rub it and whisper your own "open sesame" phrase and boom!
www.straitstimes.com
Reminder : still early and start to accumulate China & HKG for the potential upside for the year!
HKEX:2800 HKEX:2823 HKEX:2801 HKEX:3067
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Acrophobia? or climbing higher?Are you acrophobia?
Hello everyone, the blossom of HSI is around the corner
HSI:HSI
D chart on HSI
As mentioned before :-The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? from previous post as predicted it's not that far!
We definitely be there this week!
Look at the 4H chart
PEPPERSTONE:HK50
MACD - bullish zone
KDJ - Bullish
BB - Index continue trading above BB midline and stay at upper BB channel.
Today Trade Plan:
Buy into support : 22500-22600
Sell at resistance : 23100 -23300 (the last Oct 2024 Hi - 23241)
Look at the 1H chart.
MACD formed GoldenCross again!
KDJ also is at bullish green zone and at bullish level.
BB : above upper BB 22630 - 22950
Lower BB : Today support level should be at 22500 (to continue the rally needs to stay above this level)
Resistance : 23100-23300
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Start to accumulate China & HKG for the potential upside for the year!
HKEX:2801 HKEX:2800 HKEX:2823
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China stocks ready to go? #DeepSeek another reason..This is a chart of the benchmark index for Hong Kong - HK50
It's up on Monday, while Nvidia is down 10+%
If funds are flowing out of Nvidia - China (home of DeepSeek) could be one place they end up.
The Hang Seng is a perfect example of how long a trend can take to reverse.
How many times would traders have tried to go long this index only to see it slump right back towards the bottom?
Now while this trend reversal might be delayed further - and might fail altogether - we think there is enough evidence to suggest a reversal is happening.
The price is above a rising weekly 30 week SMA
A long term trendline has broken
Crucially - the price made a double bottom pattern around 15,000
DAILY CHART
On the daily chart we see the strong surge in buying interest from September has given way to a long multi-month correction.
We are looking for a breakout above the down trendline to demonstrate the correction has finished and a new up-leg is beginning.
The final confirmation would come from a break of resistance (not drawn) from the November and December highs at 21,350.
Should the price turn lower and make a new fractal low under 19,650 then we’ll have to wait a bit longer for the Hang Seng trend reversal.
But - as always - that’s just how the team and I are seeing things, what do you think?
Share your ideas with us - OR - send us a request!
keep climbing after a short rest!TGIF everyone & Happy V day! HSI continue sending love 📦 & 💷 to who pay attention to it!
HSI:HSI
D chart on HSI
The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? Estimated : 1061pts to go (~4.79%); is not that far!
Expecting and allow some retreat a healthy pullback these two weeks.
Look at the 4H chart
PEPPERSTONE:HK50
MACD - now at bullish zone with inverted red histogram.
KDJ - Bearish zone and likely to reverse.
BB - Index continue trading above BB midline and stay at upper BB channel.
Today Trade Plan:
Buy into support : 21090-22000
Sell at resistance : 22230-22300
(trade range : 301pts; ~1.37%)
Look at the 1H chart.
MACD formed GoldenCross this morning.
KDJ also is at bullish green zone and at bullish level (after yesterday pullback and reverse from oversold zone)
BB : above upper BB 21930 - 22300
Lower BB : 21910 ( today support level should be at 21600)
Resistance : 22200 (if breaks then to retest the next resistance at 22545 then 22770)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Wishing everyone a good weekend ahead.
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Chinese Stocks Decline Amid Tariff ThreatsChinese Stocks Decline Amid Tariff Threats
According to Bloomberg, President Donald Trump raised the possibility of imposing tariffs on China during his second day in office.
“We’re considering a 10% tariff on China,” Trump announced during a White House event on Tuesday, indicating February 1 as a potential start date.
During his election campaign, Trump had mentioned tariffs as high as 60%, and the prospect of transitioning from campaign rhetoric to real action is driving bearish sentiment.
According to the technical analysis of the Hang Seng Index (Hong Kong 50 on FXOpen), price fluctuations have been forming a downward trend since October. The formation of the 2025 peak (indicated with an arrow) signals bearish tendencies, as the price failed to hold above:
→ The previous high from December, near 20,210, indicating a false breakout.
→ The psychological level of 20,000.
If Trump follows through on his promises, it is reasonable to anticipate that bears may take control of lower levels in the coming sessions.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
still figuring out the moves? PEPPERSTONE:HK50
HSI:HSI
Happy Friday everyone!
www.tradingview.com
The Hang Seng fell 39 points or 0.2% to end at 19,241 on Thursday after trading modestly higher in the morning, with eventual losses in financials and property.
Is the news helping? News is distraction. 😂
4H chart
Both MACD & KDJ are on the divergence.
MACD - remained at bearish zone, line still arcing. But crossing up. Good sign.
KDJ - remained in bullish green zone, indicating uptrend signal.
Cross-checked with broader tf chart - D chart. It's still at oversold zone ,below 80 for KDJ and MACD below zero level.
1H chart the Index is dancing within very narrow range for today.
Support : 19130 (if breaks then next 19070)
Resistance :19375 (if breaks then 19450, then 19650)
MACD - closing to touch zero line trying to breakthrough but with the red histogram it looks likely dipping down.
KDJ - in bearish zone. It may be divergence signal that on the oversold area and could see a rebound.
For day trade: Same strategy, sell at resistance (19371); buy/TP at support (19070 strong support level; then 18910). Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Sticktoyourplan follow your trading strategy.
Trading to make pocket money isn't that challenging and it can be boring but you can make it fun and zen with it.
Let's follow our own strategy and zen with 📙 and 🍵 to let the results realized. It can be a winning trade or losing trade, it doesn't matter. We are aiming for long horizon; as we are not gambling or speculating.
Rememeber to allocate some of your gained pocket money for long term assets investment.
Is end of the full trading week for 2025.
Got your trade plan ready for 2025, or are you still figuring out your moves?
Think of it like prepping for a wild night out—plan your entry, know your exits, and avoid getting caught in the wrong crowd (aka bad trades).
Share your ideas and goals with fellow market party animals, hype each other up, and sharpen your skills with regular practice. Let’s make this trading year a VIP experience!
Happy Trading Everyone!
HK2359 Bullish Wave 3In the second half of 2024, the stock accumulated energy and cooperated with the policy to make a beautiful rise, and then fell back to the 0.382 Fibonacci retracement line and fluctuated repeatedly. I believe the next wave of rise is coming!
I will buy intraday, the yellow line is the support level, about 51.1 (this is a relatively safe entry price), and the first target profit stop level is 72.45 (Fibonacci retracement line 1.000)
I am very optimistic about this stock. When there is a decline, I will give priority to replenishing positions at the 0.382 Fibonacci retracement line instead of leaving the market quickly
Hang Seng Index H1 | Falling to overlap supportThe Hang Seng Index (HKG33) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 19,905.23 which is an overlap support that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 19,540.00 which is a level that sits under a multi-swing-low support.
Take profit is at 20,522.59 which is a multi-swing-high resistance that aligns close to the 50.0% Fibonacci retracement.
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