CN50 INDICIE Long Trade on Pullback
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I saw this at the weekend as something that was going to cross-up today into a Long-trade with momentum and strength.
The shape of RSI - Stochastic's Patterns and Price - all revealed that this would rally today
I saw this at the weekend as something that was going to cross-up today into a Long-trade with momentum and strength.
The shape of RSI - Stochastic's Patterns and Price - all revealed that this would rally today
Note
1 hr chart
Trade active
Buy Currrent Market Price (up until 11380)
Stop Loss: 11338.
Note
CN50 Indicie China A-50
TP1: 11858
TP2: 12271
Trade active
CN50 China A-50 Indicie: Continues to be a good trade Long where you can simply book great riding Profits and then buy back-in on a pullback. For eg. in Asian trading today CN50 is up over 5%. You wont' find that profit trading Gold.Trade active
Up over 6% since I alerted the trade yesterday Monday. Keep a Stop Loss on the trade because remember this is China, an economy struggling the last few years.Note
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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.