Gentle ascend, intermediate trend channel established. High probability short trade from the upthrust. Tested Historic UHV High from 27 Jul
Weekly: Up bar close above middle (some strength, but supply still present) Daily: Strength coming in H4: Supply still present and Lower High
Strategy for Short (Test and Reject): - 26900 - 26584
Strategy for Long (Test and Support): - 25815 - 25560 - 24743 - 24930 - 26340 (ultimate confirmation if there is acceptance at this price followed by strong bullish volume) Have a sane trading week for Hang Seng : )
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