continue to rise with news!
HK50 
HSI Hello everyone how was your trade yesterday?
It was a healthy pullback and hope you managed to short it and make some profit.
D chart on HSI
The bullish continues, yesterday was a healthy pullback with 227pts -1.06%
KDJ is now back to bullish zone.
Correction : MACD already crossed above zero level.
Look at the 4H chart
MACD - still on the bullish zone but with reduced volume with inverted red histogram. Cautious for the pullback.
KDJ - Bullish zone.
BB - Ranging at upper BB channel and continue to arching up.
Today Trade Plan:
Buy into support : 21520-21550
Sell at resistance : 21815 (TP : 21758)
253 range for day trade is suffice to gain some pocket money.
Look at the 1H chart.
MACD is arching to bullish.
KDJ also back into bullish green zone at overbought level (cautious for pullback)
BB : above upper BB 21500-21750
Lower BB : 21259 (support level)
Resistance : 21850 (if breaks then to retest the next resistance at 21975)
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 day with many winning trades !
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
Trade closed: target reached
HSI came back strong and had hit above the resistance 21858 and closed at 21857. It added 41.64pts itched up 0.19% for the day.
HK50 hit hi at 22133 and closed at 22046. It broke the resistance of 21850 and 21975 as mentioned.
Congratulations to those who follow the idea.
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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.
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.