Chinese Fear Head & Shoulders Pattern.Oh no! China's stock market is showing signs of a downturn!
The dreaded "head and shoulders" pattern is emerging, buyer volume is plummeting, and despondent sellers are circling like sharks!
Brace yourselves as the market takes a nosedive, plunging below the 1.13 Fibonacci level!
Get ready for
"CHINA50" Index CFD Market Bullish Heist Plan (Day or Swing)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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"CHINA 50" Index CFD Market Heist Plan (Scalping/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "CHINA 50" Index CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Ou
CN50 to find sellers at previous support?CHN50 - 24h expiry
Price action looks to be forming a top.
There is no clear indication that the downward move is coming to an end.
Risk/Reward would be poor to call a sell from current levels.
A move through 13500 will confirm the bearish momentum.
The measured move target is 13350.
We look
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CN50 / CHINA50 Indices CFD Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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CN50 to find buyers at previous support?CHN50 - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Short term RSI has turned positive.
Risk/Reward would be poor to call a buy
Potential 3rd Wave Extension om China A50🕵️ Analysis on China A50 weekly chart:
📈 Dow Theory : After around 50% drop from its former peak, the index achieved its lowest low (LL) at 10,616.8. It then established two higher highs (2HH) and two higher lows (2HL), with the latest higher low being 12,599.1. From this perspective, the index has
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Displays a symbol's price movements over previous years to identify recurring trends.