Hello everyone, the blossom of HSI is around the corner HSI
D chart on HSI 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 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. 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! 280128002823
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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.