keep climbing after a short rest!
TGIF everyone & Happy V day! HSI continue sending love 📦 & 💷 to who pay attention to it!
HSI
D chart on HSI
The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? Estimated : 1061pts to go (~4.79%); is not that far!
Expecting and allow some retreat a healthy pullback these two weeks.
Look at the 4H chart
HK50
MACD - now at bullish zone with inverted red histogram.
KDJ - Bearish zone and likely to reverse.
BB - Index continue trading above BB midline and stay at upper BB channel.
Today Trade Plan:
Buy into support : 21090-22000
Sell at resistance : 22230-22300
(trade range : 301pts; ~1.37%)
Look at the 1H chart.
MACD formed GoldenCross this morning.
KDJ also is at bullish green zone and at bullish level (after yesterday pullback and reverse from oversold zone)
BB : above upper BB 21930 - 22300
Lower BB : 21910 ( today support level should be at 21600)
Resistance : 22200 (if breaks then to retest the next resistance at 22545 then 22770)
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!
Wishing everyone a good weekend ahead.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
HSI D chart on HSI
The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? Estimated : 1061pts to go (~4.79%); is not that far!
Expecting and allow some retreat a healthy pullback these two weeks.
Look at the 4H chart
HK50 MACD - now at bullish zone with inverted red histogram.
KDJ - Bearish zone and likely to reverse.
BB - Index continue trading above BB midline and stay at upper BB channel.
Today Trade Plan:
Buy into support : 21090-22000
Sell at resistance : 22230-22300
(trade range : 301pts; ~1.37%)
Look at the 1H chart.
MACD formed GoldenCross this morning.
KDJ also is at bullish green zone and at bullish level (after yesterday pullback and reverse from oversold zone)
BB : above upper BB 21930 - 22300
Lower BB : 21910 ( today support level should be at 21600)
Resistance : 22200 (if breaks then to retest the next resistance at 22545 then 22770)
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!
Wishing everyone a good weekend ahead.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
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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.
Related publications
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.