Hang Seng - Stimulus package still lingering to the upside?

Hi guys , next we would look into the Hang Seng. With the Stimulus package made in the Chinese economy we saw a very big boost into the price of the Hang Seng, of which afterwards we saw a decent correction to the current level, I believe from this point forward we would formulate an an ascending channel and push towards the higher level, maybe not the strong Resistance Level, but around the level which I wrote down on the chart.

Entry : 19,740
Target : 20,621

I have entered with 250 contracts.

As always my friends happy trading!

P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!

Note

Trade is running in amazing flow, currently yielding fantastic pending profits, market has formulated a strong bullish run, when we get closer to our target I will re-evaluate and add a note to see if we can extract more value here!

4 days ago

Trade closed: target reached

Trade has been closed we reached our final target

250 contracts X 881 movement = great profit!

Congratulations to everyone who participated.

DG55Capital

Join my Telegram community for Forex trading insights, real-time news, educational content and friendly support. Let's grow and succeed together! -

t.me/Capital55DG

Also on:

DG55Capital

Join my Telegram community for Forex trading insights, real-time news, educational content and friendly support. Let's grow and succeed together! -

t.me/Capital55DG

Also on:

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.