Recently Hang Seng Index reversed on a strong monthly Supply Zone finishing it's external bullish cycle The price decided make an external bearish cycle.. now it's advised to SELL at long term basis.
Next destinations:
A) DEMAND (26908.14 - 26021.63) Here price need to decide: if reverse in order to back to SUPPLY (32004.32 - 31126.20) OR BREAKOUT, retest and go to next DEMAND (23622.97 - 23204.17)
B) DEMAND (23622.97 - 23204.17) Final external bearish cycle destination
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.