China reported great recovery numbers and caused the market to pump, however there's a lot of tension with regard to the situation in Hong Kong, therefore making this pick somewhat risky. Take profits when you can and keep that trailing stop loss tight. We can easily pick up the 1:5 trade and be happy with it, but there's a real possibility that we can break past the gap and push for the 1:10 trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.