Hong Kong 50 Index
Long

Acrophobia? or climbing higher?

92
Are you acrophobia?

Hello everyone, the blossom of HSI is around the corner
HSI

D chart on HSI
snapshot
As mentioned before :-The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? from previous post as predicted it's not that far!
We definitely be there this week!



Look at the 4H chart
HK50
snapshot
MACD - bullish zone
KDJ - Bullish
BB - Index continue trading above BB midline and stay at upper BB channel.


Today Trade Plan:
Buy into support : 22500-22600
Sell at resistance : 23100 -23300 (the last Oct 2024 Hi - 23241)


Look at the 1H chart.
snapshot
MACD formed GoldenCross again!
KDJ also is at bullish green zone and at bullish level.
BB : above upper BB 22630 - 22950
Lower BB : Today support level should be at 22500 (to continue the rally needs to stay above this level)
Resistance : 23100-23300


Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!

Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.

Happy Trading everyone!
Start to accumulate China & HKG for the potential upside for the year!
2801 2800 2823


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