Another Bet On China Optimisim
Fundamentals & Sentiment
HK50:
- PBoC kicked off funding schemes and urged swift adoption of policies to support capital markets
- PBoC Rate Cut
USD:
- Risks: geopolitics
Technical & Other
HK50:
- PBoC kicked off funding schemes and urged swift adoption of policies to support capital markets
- PBoC Rate Cut
USD:
- Risks: geopolitics
Technical & Other
- Setup: S(M)
- Setup timeframe: 1h
- Trigger: 5m
- Medium-term: Up
- Long-term: Up
- Min target: Local highs, harmonics
- Stop loss: 1.28%
- Position size: 0.5R
Trade closed: stop reached
-0.5RNote
Should pay more attention to the closing price of the previous day/week. This time the market couldn't manage to hold above the previous close.
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