Hong Kong HSI Index (11/Jan/18) *Nice Price Action is spotted.
We had a nice potential bearish price action is spotted in HK index.
Remember, we are still "overall" bullish trend. Any short positions at this moment will be considered the counter-trend.
If you are taking any short, you will be doing so just because of the promising bearish pin bar.
So, if there is any big swing back up, it would have proved that your trade set up will be no longer valid by then.
I am slight BEAR for now. It may be in time for a swing back.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
Remember, we are still "overall" bullish trend. Any short positions at this moment will be considered the counter-trend.
If you are taking any short, you will be doing so just because of the promising bearish pin bar.
So, if there is any big swing back up, it would have proved that your trade set up will be no longer valid by then.
I am slight BEAR for now. It may be in time for a swing back.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
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