Hong Kong Stock Index (Go With The Flow)View On Hong Kong Stock Index (21 JULY 2020) HSI has met with strong support near the 25k level and it is priming to burst back up. 25.5k and 25,990 are resistant. DO not short at this moment. 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. by SonicDeejay8
Hang Seng (HSI) - Short IdeaI think most people know the Macro drivers for the short. Well, here are technical ones. Good Luck Hong Kong. Shooting Star at 61.8% Fib level. Weekly 200 EMA Previous resistance. Shortby MattArmstrongUpdated 223
HANG SENG - Could we get further decline?I took a short at the areas at the top, it was looking very over extended. The line I always use and think when I analyse and my life philosophy - What goes up must come down - and vice versa. But the key question is - if we go below further the trend line up, and we have clear further declined I would short the further decline. However, we are at a key area and test the areas of the highs again. Smaller time frames my indicate patterns or candle formation to validate further. by Trade_Journal2
HSI DOUBLE TECHNICAL INDICATOR CONFIRMATIONUsing confirmation for both the Fibonacci retracement level and inverse head & shoulder, the strategy is potentially robust enough to cover both bull and bear situation. Strategy: 1. if moving toward resistance 1 and breakthrough, can long targeting resistance 2 using support 1 as a potential stop-loss point. 2. if moving toward support 2 and breakthrough, can short targeting support 3 using support 2 as a potential stop-loss point. Note: This idea is simply speculation and does not indicate any recommendation nor take any responsibility. by jqzxcv226
Road to 30KTechnical analysis. Short term, Jul 13, 2020 Hang Seng and the index is in a rising trend channel in the short term. This signals increasing optimism among investors and indicates continued rise. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 24500 points. The index is assessed as technically positive for the short term. Longby nelsonkao2
Great opportunity for longing Hong Kong business!The Hang Seng index is showing a clear play. best regardsLongby RAKUTRADER3
HSI on its way to Wave 3?This is linked with my previous idea about Hangseng Index following 38-23-61 FIB retracement. Recently, on the HSI chart, after the price hitting the 61% FIB,the index fall (corection). I think the HSI will continue its trend to 161% FIB. However, there will be corrections occur in order to recharge its power heheheh CMIIWLongby Talismanxx2
The upside is still corrective in natureBroadening rising wedge/megaphone is spotted and there might be a correction downwards before a rebound. So stay tuned. 5 waves triangle is in play. Ultimate sell down is near the top. Longby William-trading227
Hong Kong Stock Index (A Strong PushUP We Had)View On Hong Kong Stock Index (4 JUNE 2020) We had Extreme strong MOve UP on HSI and it was massive. So, after the Glory fade, it is normal for profit-taking to set in and it may pull back a little bit. We expect the pullback can go to as low as 25,500 regions but the overall bull move may still get pretty much sustained. So, please watch out 25,500 regions carefully. 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. by SonicDeejay1110
Hang Seng Index (HSI) Continuation Head and Shoulders Potential Potential Continuation Head and Shoulders on the Hang Seng Index. Price, hit 200 ma Monthly Uptrend Line, AB=CD (.618 1.618) harmonic Gartley pattern on the Spot.Longby Leo1Luke3
Hang Seng....A thrust off a triangle?Hello Traders, Hang Seng has risen to 25373 this week and it`s up ~ 4k points from it`s low @ 21139 on the week of March 9. Since the low HS has just retrace 0.35 of the decline from the ATH @ 33484. This is weak! So far, the move since that low is just a „three-up“ and it is countertrend. If waves C equals A @ 26478, what is the retracement of 0.43 of the countertrend, it could be a good reversal area to assume the downtrend since January 2018! The structure from the ATH to 21139 shows overlapping waves and indicates a correction to a high degree. It could be waves (A)- triangle (B)-(C) or just a flat (W)-(X)-(Y) or a variation thereof. Very interesting is a quick view of the Hang Seng Short index (Tick: HSISI) below the HS graph. This index topped in September 2011 and is in a downtrend since. Every low or high this index made, coincides with a low or a high for HS, but in an inverted view! So, if this observation is right, HS has room to advance in the coming days and weeks ahead, because the structure of the Short index looks not to be done to the downside! A break of the level @ 4748 for HS short index would imply an ongoing advance for HS! As before. a mentioned area is around the 26478 zones (waves C=A)! At the 3h chart for HS you can observe one alt count. I have counted a rare „expanding triangle“ for the index and if this count works out, the break above the wave (d) high @ 25303 implies a „thrust“ in a wave ((c)) underway. A target range for this scenario is @ 26277, where it would close an open gap, left by the trading on March 6-9 (c=26146-o=25134)! This would be shy below the 26478 area I have mentioned before! For the very short term view, I expect HS to rise to still higher levels in the coming 1-2 days. Stay tuned for the next update for Hang Seng. Have a great Sunday and a great week... ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennase3
Swing Trend in Ascending Channelthe detail is shown on the above Idea.by UnknownUnicorn4762443Updated 5