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Hang Seng HSI

Hong Kong Stock Index (HSI) *Our TP2 level is hit.View On Hong Kong Stock Index (HSI) (29 Jan 2019) HSI has hit the TP2 level. Take it slow and do not rush into chasing the market. But sooner or lower it should be on the way to 28,000 level again. ------------- Our Analysis ------------- LONG (entry is valid as long as the price is above 24,200) SL 24,080 TP1 26,790 (Already Hit) TP2 27,660 (Already Hit) TP3 28,295 TP4 30,970 DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:HK33HKDLong
by SonicDeejay
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 27982 (38.2% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 26508 (50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:HSIShort
by Tickmill
HSI review in 2018 and the prospect in 2019In bearish market, starting from Q2 of 2018, the Hang Seng Index (HSI) enters bearish market. According to EW Theory, bearish waves either move in 5 or 3 smaller waves. Waves are impulsive if they move in 5, or corrective if they move in 3. In 5, we will denote the waves in 1-5, while ABC are used for corrective waves. I am betting the HSI will have 5 waves to go since the prices have been edged down past 250 MA which is one of the indicators showing it's a bearish market.
HKEX:HSI1!
by hwong2209
HSI appraoching resistance, potential drop!HSI is approaching our first resistance at 27358.5 (100%, 61.8% fibonacci extension , 38.2% fibonacci retracement , horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 26079.8 (horizontal pullback support, 50% fibonacci retracement ). Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresonding drop in price.
OANDA:HK33HKDShort
by FlowState
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 27249 (78.6%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25883 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:HSIShort
by Tickmill
Hang Seng - Looks like US MarketsNot 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 3 at about 24500. That's taking the trend based fib extension from the high at ~33500 to the pivot low at ~29120 and returning to the end of the corrective 2 at ~31500. The 1.618 extension was at 24475 and the low hit 24540. 3. We are now in a wedge formation as you can see the ABCDE is about 50% complete. Now, what does this mean? According to my calculation, HSI has approximately 2 to 3 months in this trading range. Likely a 10% loss will occur over the next month, followed by a 10% gain to get us to E and then we will start wave 5. I'm expecting (assuming the wedge plays out) HSI to fully correct down to the 2.618 (or the 618 extension of the wave 3) to about 20200 for a roughly 25% loss. A lot can happen over the next 2-3 months. I'll keep this chart updated over time. Trade safely friends.
TVC:HSIShort
by bitdoctor
HSI appraoching resistance, potential drop!HSI is approaching our first resistance at 27358.5 (100%, 61.8% fibonacci extension , 38.2% fibonacci retracement , horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 26079.8 (horizontal pullback support, 50% fibonacci retracement ). Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresonding drop in price.
OANDA:HK33HKDShort
by FlowState
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 26587 (61.8% fibonacci extension, 76.4% fibonaccci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25541 (61.8% fibonacci retracement, 61.8% fibonacci extensison). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:HSIShort
by Tickmill
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 26587 (61.8% fibonacci extension, 76.4% fibonaccci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25541 (61.8% fibonacci retracement, 61.8% fibonacci extensison). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:HSIShort
by Tickmill
HSI approaching support, potential bounce! HSI is approaching our first support at 25147 (76.4% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 26176 (horizontal swing high resistance , 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TVC:HSILong
by Tickmill
HSI Bounced Off Support, Potential For A Further Rise!Hang Seng Index bounced off our first support at 25432 (horizontal swing low support, 61.8% Fibonacci extension , 78.6%, 61.8% fibonacci retracement , horizontal swing low support) where a further rise could occur above this level pushing price up to our major resistance at 26320 (100% fibonacci extension , 50% fibonacci retracement, horizontal swing high resistance). Stochastic (21,5,3) is bounced off its support and we might see a further rise in price above this level.
TVC:HSILong
by FlowState
HSI Testing Support, Potential Bounce!Hang Seng Index is testing our first support at 25432 (horizontal swing low support, 61.8% Fibonacci extension , 78.6%, 61.8% fibonacci retracement , horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 26320 (100% fibonacci extension , 50% fibonacci retracement , horizontal swing high resistance). Stochastic (21,5,3) is approaching support and we might see a corresponding bounce in price above this level.
TVC:HSILong
by FlowState
HSI approaching support, potential bounce! HSI is approaching our first support at 25562 (78.6%, 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 26619 (61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance). Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:HSILong
by Tickmill
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