Rising demand for HK33HKD over several days on the Daily Time Frame based on the 6EMA.
I bought HK33HKD on both my FTMO 10K Challenge Phase One and on my Oanda Main Account.
Discount offered by seller at 6EMA on 4H Time Frame.
Initial SL set is wide, because I want to give myself more time if I am losing, to decide if I want to exit for a small loss or win...
HK33HKD is approaching our first resistance at 28975.3(horizontal overlap resistance, 61.8% & 50%Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27325.9 (38.2% Fibonacci retracement , Horizontal pullback support, 61.8% Fibonacci extension )
Stochastic (89,5,3) is also approaching resistance where...
HSI is approaching our first resistance at 26619 (Horizontal swing high resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 24316 (horizontal swing low support, 61.8% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (34,5,3) is also approaching...
