There’s potential for Chinese stocks to form an Adam-Eve double There’s potential for Chinese stocks to form an Adam-Eve double bottom pattern, which could be an encouraging signal for a major upward rally. This pattern, known for its “V” and “U” shape in technical analysis, often indicates the end of a downtrend and a stronger foundation for a bullish reversal.
CSI 300 [Weekly Chart]The similarities of market movement in the CSI 300:
1. 2006-2007
2. 2014-2015
3. 2020-2021
After which we see a crash in the CSI 300 following a 8 months to 1 year (est.) rally.
The rally leading up to the crash also comes generally in 2 stages.
"History doesn't repeat itself, but it often rhyme
CSI300 BULL FLAG ON SUPPORT LOOKS PROMISING. BREAKOUT NEEDED❗️❗️CSI has honored the significant demand zone, suggesting a potential continuation in the rally. The price respecting this highlighted zone coincides with the formation of a bullish flag on lower timeframes, further bolstering our bullish expectations. Notably, a bullish breakout has been confirmed on
Are we nearing the bottom yet ?The more negative news we received about China, the more people want to know about it. From the property slump, weak demand, subdue consumer confidence to ever changing government policies, all eyes are peeling onto China and awaits eagerly for a plethora of good news to come out from the Chinese Go
[EN] China. Historic Opportunity // GaliortiTradingThe Chinese government and its central bank are starting to implement an expansionary fiscal and monetary policy with a double objective: to end capital outflows and ensure a 5% annual GDP growth.
This is a great medium-term trading opportunity in CSI300 with a great win/loss ratio (26/1). No ot
Opportunity in China?No one wants to invest in China now, due to various reasons. But if we inspect the chart of the CSI300, we can see that the price is sitting at a major support here.
1. support resistance neckline
2. confluence with 618 retracement of the up move
3. potential right shoulder of a (potential) massive
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.