Could be a massive spike if this high is broken. This would mean rejection of the channel with resistance now turning into support. See my previous higher time frame idea for EURCHF.
HK has been falling since July 2nd. On August 4th and 7th HK's RSI rose above oversold, but the trend failed to move. The RSI has risen again, the first double test of RSI in a long time for this stock. This time, along with the RSI, a green candle formed just about as large as the red one right before. The trading range for both days were about the same, however...
