Each time the shadow of 'M' existed. I would feel hungry to patron McDonald for fast-food.
Hang Seng (HSI1!) has been trading within a Channel Down throughout the whole year. As the rice hit its bottom (Lower Lows trend-line) on December 11 and the 1D MACD formed a Bullish Cross, we expect the new Bullish Leg towards the 1D MA200 (orange trend trend-line) and the to (Lower Highs trend-line) of the Channel Down. The average rise within this pattern has...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
I haven't posted any TA on AMC in a while, It has been peaceful. Can you believe it, tomorrow Feb 10th 23' will be 618 days since ATH's. These low volume days really hurt but the fact that there is nothing backing such a move, just a result of derivatives and degens pissing away premiums. These are a the current support and resistance i'm tracking. Nothing much...
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at...
In this update we review the recent price action in the Hang Seng futures contract and identify the next high probability trading opportunity and price objectives to target
Looking at the H4 chart, my overall bias for HSI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 19926.48, where the 61.8% Fibonacci line is. Stop loss will be at 18814.83, where the 23.6% Fibonacci line is. Take profit will be at 22523.64, where the previous swing high and...
Beautiful price action. Looking for an upcoming reversal and target of top of structure.
Hang Seng (HSI) broke and closed today above the 1D MA50 (blue trend-line) for the first time since February 2021. Despite the weakness since early April, the index hasn't yet broken or even come close to the March 16 low, indicating that we have a long-term Support. That is reasonable technically as that level (18250) is a 6 year Support formed by the February 12...
MFI almost overbought, setting up for a drop Thursday I think
All time support and resistance levels drawn. IMF projections also negative for next months. Most likely sell to 21914 before a proper rebound
Looks to me like this is going to be the determining factor for Tuesday open.... Hang Seng is oversold, I would expect it to bounce off support Sunday and Monday, which would mean a gap up Tuesday morning. Of course, the virus thing is unpredictable and if China shuts everything down again we could see a double bottom. Not to mention they're trying to clamp...
WD GANN Pattern in Hang Seng Index - History repeats itself we expect a little bit dip then rise rise rise for Hang Seng Index
Lunch break ends in 1 minutes and market re-open, market should rally
Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. This is textbook corrective bear market action. I can't see this any clearer than it's painted out for us. Here's the low down on HSI on the daily chart: 1. Death Cross on July 16 2018 2. Perfect bearish impulse to complete wave...