CHINA A50 - LongChinaA50 has fallen towards 200SMA and 161% Fibo. Has found support and looks set for a good 1000 points Rally in the coming weeks.
CN50 trade ideas
[CHINA A50] WAVE 5 IN PLAY?The Chinese index may not have reached the BOTTOM yet, from a technical point of view, a wave (5) is working with TARGET around 10,600. With this in mind, we will try to take a short position as shown on the H1 chart.
If you think this analysis can be useful and you want to receive new updates about this idea, leave a your comment or your LIKE!
Thank you for support and trade with care!
China bearish: Buy the trade war tech dip BIDU NTES IQ TCEHY On Friday the 3rd August 2018 Chinese stocks ceded their ranking as the second-largest equity market in the world amid an elevation in trade tensions after the Trump administration said it was considering increasing the initial proposed tariff.
Buying the dip: Considering Chinese markets are at almost a one year low and under a temporary trade war, a knee jerk reaction will eventually take place causing an influx of capital across the market. I cant predict when this would happen or whether stocks have reached their bottom but I consider this another buy opportunity.
China A50 ShortThe rally on Monday saw this Asian market reach the daily resistance @ 12000. I am seeing the Index pull back to previous support at 11600 then bounce back to current resistance @12000. As to whether price will break this resistance we will see with price action but its highly probable
CORRELATION STUDY BETWEEN CHINA 50 INDEX AND BTC/USDwe can see how the two markets are related simply by placing them on a single chart.
then we can try to determine what would be the most likely cause(s) for the evident correlation.
there is the common factor of the US dollar index both in terms of CHINA 50 given in terms of USD as well as in the base currency of BTC, the US Dollar.
F. Normandeau
CHINA A50 - long - technicals and on news - the Chinees markets took a step back cause of trumps extra tarrifs on chinees products. in the coming week the chinees president is going to meet up with Kim Jung Un that should be good news!! also the RSI on the 4 hour charts is real low and is starting a rebound.
good luck!!
China A50: Ending Diagonal To Start B Wave Of Bigger CorrectionThis is a classical setup, when the A wave is forming an ending diagonal to start the B wave. If we look at the current structure on the lower time frame it's forming a correction we could potential break out to the upside although i think it will touch the trend line then reverse to complete the ending diagonal, we can trade current correction up then the move down and then wait for an impulse & correction for the B wave move!
Thanks Lorenzo
Time to consider a short on CN50USDIn a nutshell:
Idea is based on the current Momentum and...
...decison of PBOC not to increase interest rates and...
...additional US import tariffs on Chinese gods (USD 50bn); TBC
Trade range within the existing triangle
Keep an eye on the trade volumes (support gets lower around 12,050); would not expect an immediate break of the support, but the probability is increasing
SL/TP won´t be shared for this trade (but should be obvious)
Trade will be triggered after confirmation of the import tariffs
This is not an advice it is only my personal opinion.
SHORT CN50 (China A50 Index) on Breakout of Descending TrianglePotential Short Setup.
1. Rising wedge Awaiting
2. DESCENDING Triangle.
Wait for the breakout from DESCENDING Triangle before taking SHORT position.
PS: Ignore typo - I actually meant 'Descending Triangle' on the chart.
China A50 Long: Breakout of ending diagonals and triangleMy friend recently mentioned that China A50 is a strong buy and that prompted me to look into the chart. Indeed, China A50 is really a strong buy - and we are now still at the beginning stage of a new wave up. Note that China breakout is also confirmed by major equities markets breakout like S&P and Nikkei.
Why China A50 so weakIn 1min chart, it has an obvious descending channel.
When will you finish the adjustment? It's really tired n boring.
China Stock Market (11/2/18) *BEAR Baby!We should look at the development in China stock market.
When many people are still in denial stage, we have hit our first TP.
It is due for a decent continuous sell down.
For now, it may rebound back up to 13,221 level but it shall go down a lot further.
I am looking for short only at this moment.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
China A Shares, approaching critical uptrend supportWhilst 11900 longer term uptrend holds on a closing basis then market remains neutral/positive but if that level gives way not much by way of next level support until perhaps 10600
A really bearish count China A50A pretty simplistic count of the China A50 but it sure is a bleak one, for the bulls anyway. If the index breaks down below the yearly pivot I might take this count more seriously as it has the potential to fall a long way. Some pretty obvious things to note are the double top and reversal on the Yearly R1 pivot.
China A50 (8/2/18) *BEAR BEARChina Market is in the strong pull back mode. It seems to have excess to be trimmed.
I am expecting it will go to 13,221 level easily.
BEAR for now.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
China A50 15% More Down Adjustment is JustifiableChina A50 index is the top 50 largest listed companies on Shanghai Stock Exchange. Chart shows there is still 15% down space for adjustment for pulling the price back to 12% annual return roadway.
The money is in Asia especially here!!!I believe that the era for China as the next global power is here. They are shedding the image of a "world largest factory" where they still manufacture plenty products for many countries. Their wages have increased and many brand owners are now shifting their production base to Vietnam, Indonesia, etc to lower their costs.
It is now recognised for its electric vehicles making, its banking industries is going through constant upgrading and restructuring, drone making, QR payment using mobile wallet and many more.
Their middle income group is growing so much that many global brands are now dying to get a piece of their market share in China. Visit the Tier 1 cities like Beijing, Shanghai, Guangzhou and you won't be surprised to see many luxury brands in their upmarket shopping malls.
Almost every countries that have a Chinese residents working/investing there, they would buy their properties there and look at how they shake up the property price, see Australia, Canada, UK, US, Malaysia, Singapore.............
Now, how about travel? I have witnessed how these rich Chinese travellers snatch the branded bags from the retail shelfs without even asking the prices at all. Their purchasing power is so HIGH that many airports worldwide now work round the clock to have Chinese translation, serve chinese food and even employ chinese to be tour guides.
In Singapore, do you know there are restaurants that are only catered to tourists? That means, it is not open to the retail markets, the sheer volume of incoming chinese tourists is so high that the restaurant owners are happy to just serve them exclusively.
Buy on dip
