The Hang Seng Index shows a strong accumulation in the background along with a strong upward breakout. Before Friday's session and US labor market data to be released today, Hang Seng again showed strength and formed a re=accumulation range.
The last re-accumulation zone becomes both a big support and a buying zone for today's session.
Analysts expect good data from the US and big players seem to be setting the market for this data.
With the background we have on this chart, only longs should be considered
Follow for more market analyses!
Regards
VolumeDayTrader!
The last re-accumulation zone becomes both a big support and a buying zone for today's session.
Analysts expect good data from the US and big players seem to be setting the market for this data.
With the background we have on this chart, only longs should be considered
Follow for more market analyses!
Regards
VolumeDayTrader!
Trade closed: target reached
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👉👉 Get Free US Stock Market PTA Signals
👉👉 Get Wyckoff Wave Chart Indicators
🌎 Free materials 👉👉 volumedaytrader.com
✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
👉👉 Get Wyckoff Wave Chart Indicators
🌎 Free materials 👉👉 volumedaytrader.com
✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
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.