Hang Seng HSI
HSI Approaching Support, Prepare For A Bounce
HSI is bouncing off its 1st support(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at (61.8% Fibonacci retracement , horizontal swing high resistance).
ichimoku cloud is also showing support where a corresponding bounce could occur.
HSI Approaching Support, Prepare For A BounceHSI is bouncing off its 1st support(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at (61.8% Fibonacci retracement , horizontal swing high resistance).
ichimoku cloud is also showing support where a corresponding bounce could occur.
HSI Approaching Support, Prepare For A BounceHSI is bouncing off its 1st support(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at (61.8% Fibonacci retracement , horizontal swing high resistance).
ichimoku cloud is also showing support where a corresponding bounce could occur.
LONG HSI Approaching Support, Prepare For A Bounce
HSI is approaching its 1st support(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at (61.8% Fibonacci retracement , horizontal swing high resistance).
ichimoku cloud is also showing support where a corresponding bounce could occur.
HSI Approaching Support, Prepare For A Bounce
HSI is approaching its 1st support(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at (61.8% Fibonacci retracement , horizontal swing high resistance).
ichimoku cloud is also showing support where a corresponding bounce could occur.
ALIBABA Bullish 5-0 harmonic pattern analysis Aim for reversal at green boxes.
Time segmented volume Indicator was used.
HSI, Hang Seng Index: Continuous downward-> SellD1:
- Tendency: Downward
- Below support W1
- Weakening
-> Waiting pullack, test resistance W1
=> Given signal on D1: Sell
LONG HSI is approaching its support at 27240.6
HSI is approaching its support at 27240.6 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at 30197.0(61.8% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
Tencent Dropping In The Next Few DaysTencent would be dropping in the next few days to the nearest support
Resistance:
1st Resistance: $380
Supports:
1st Support: $300
2nd Support $290
HSI is approaching its support at 27240.6 (100% Fibonacci extensHSI is approaching its support at 27240.6 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at 30197.0(61.8% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
HSI Approaching Support, Prepare For A Bounce
HSI is approaching its support at 27240.6 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at 30197.0(61.8% Fibonacci retracement , horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
HSI Approaching Support, Prepare For A Bounce
Buy above. Stop loss at. Take profit at.
Reason for the trading strategy (technically):
HSI is approaching its support at 27240.6 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 30197.0(61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
Hang Seng bearishEnded last week with a daily that bearishly engulfed the prior 3 days and it's rally back towards its all time high stopped right around the .618. I'd have to call that a dead cat. Also a hanging man at the top where the rally ended along with an island. Currently losing this fib level as we speak. looks bad.
China A50 trend analysis Assumption : completion of C wave, range bound market.
Indicators used: time segmented volume, 20/50/200 EMA, DMA
Hang Seng HSI perfect bearish Butterfly161% reached perfectly and failed ...
Target is 50% retracement and then 100%
Potential Harmonic PatterLong around 28,756 area with a stop-loss below previous low @28619, Target #1 @29020, Target #2 @29218
Double bull flag formed during today's session, 1:3 RRRPotential reversal targeting 29020 (29k figure) and 161.8 fibo extension @29,201-18, Pattern invalidates below 28,756
Trade safely, and never invest money you cannot afford to lose. This is not a trading advise or recommendation, trade at your own risk.
HSI, HSILONG, HSI1!, HSI2019, HK
Hang Seng index Approaching Support, Prepare For A Bounce
HSI is approaching its support at 28788.6 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 29422.9 (50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
HSI (Hang Seng) - Market Crash Cycles | Indices | Macro Trends*Please support this idea with a LIKE if it helps you. Thanks!
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HSI has been labeled within a Sub-Millennium degree wave 4 (blue), which has been unfolding ever since the 2007-2008 Recession.
Structure - Expanding Flat Formation
Oct 2007 peaks and down until Oct 2008 bottoms - Grand Super-Cycle wave a (red)
Oct 2008 bottoms and up until Nov 2010 tops - Super-Cycle wave (a) (purple)
Nov 2010 tops and down until Feb 2016 lows - Super-Cycle wave (b) (purple)
Feb 2016 lows and up until present times - Super-Cycle wave (c) (black)
Super-Cycle wave (c) (black)
Pattern - Ending Diagonal
Sequence - 5-Wave Sequence, with Cycle Waves I II III IV V (black) decomposed as Primary A-B-C (blue)
Current PositionCycle Wave III (black)
Next expected swing
Bearish sequence in Primary B (blue)
Market Crash Forecast
Support granted at or around the 28000.00 mark and then a bull run towards the 33000.00 levels, where the Grand Super-Cycle Wave b (red) is expected to complete.
Grand Super-Cycle Wave c (red) would reflect the next Larger Degree Recession.
Structure change
Breach of the lower trend-line of the Ending Diagonal could reflect the fact that the Market Crash already started.
