CHN50 Buyers Firewall the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Fibonacci Tool. buyers are burned in black rectangle (0.5- 0.618 golden level retracement ) therefore we can expect that CHN50 index decrease step by step to 1.27 F or 1.618 F. by SEYED98Updated 222
CN50 to turnaround?CN50USD - 24h expiry Buying pressure from 11908 resulted in prices rejecting the dip. The current move higher is expected to continue. Short term bias is mildly bullish. The trend of higher lows is located at 11908. Preferred trade is to buy on dips. We look to Buy at 12035 (stop at 11985) Our profit targets will be 12155 and 12195 Resistance: 12245 / 12530 / 12750 Support: 11880 / 11690 / 11420 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
CHINA A50: Chinese stocks are the buy opportunity of a decade.The China A50 index (CN50) is trading within a Falling Wedge pattern and on the larger picture a Channel Up with its Higher Highs being on June 09 2015 and February 16 2021. The price is now closer to the Channel Up bottom and the pricing of a new long-term Higher Low (bottom), which already makes it a great buy opportunity. Of course the most optimal level to enter would be as close to the bottom as possible, especially of the 1W RSI makes one more Higher Low on its Triangle. We have seen the very same 1W RSI Triangle in November 2012 - February 2014, when the index was within a similar Falling Wedge. The same RSI Bullish Divergence (Higher Lows against the price's Lower Lows) eventually caused the March 18 2014 rebound. This is why the most optimal level to buy would be on the (current) RSI Higher Lows. If that isn't materialized, we will enter when the 1D MA100 (green trend-line) breaks, which will be a bullish break-out confirmation. In either case, our long-term target is the 2.382 Fibonacci extension level at 23000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot13
CHINA A50: Bullish signal approaching.The China A50 index reached today the LH trendline of the August 1st top and turned neutral on the 1D technical outlook (RSI = 50.831, MACD = -120.000, ADX = 25.828). The 1D MACD Bullish Cross that was just formed on such a low level, makes the third time this year but we need further confirmation to buy for an extension as the March 23rd Bullish Cross failed to push the index past the 0.382 Fibonacci level. Consequently, if the price closes a 1D candle over the 0.382 Fibonacci, which at the same time will be a 1D MA50 breakout, we will go long and target the 0.618 Fibonacci level (TP = 12,800), which will be a technical LH of the 10 month Channel Down. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##by InvestingScope4
China50 to see early optimism?CN50USD - 24h expiry Buying pressure from 11548 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 12020 level. We look to Sell at 12020 (stop at 12125) Our profit targets will be 11770 and 11700 Resistance: 12245 / 12530 / 12750 Support: 11690 / 11420 / 10910 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA3
CN50 to see another capped rally?CN50USD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 12600 level. We look to Sell at 12585 (stop at 12685) Our profit targets will be 12335 and 12255 Resistance: 12530 / 12750 / 12910 Support: 12245 / 11880 / 11690 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA4
China50 intraday dips continue to attract buyers.CHN50 - 24h expiry - We look to Buy at 12340 (stop at 12220) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a bottom. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Indecisive price action has resulted in sideways congestion on the intraday chart. Preferred trade is to buy on dips. Our profit targets will be 12640 and 12720 Resistance: 12750 / 12910 / 13065 Support: 12245 / 11880 / 11690 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupLongby VantageMarkets0
China50 to find buyers at previous swing low?CHN50 - 24h expiry Selling posted in Asia. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The current move lower is expected to continue. Previous support located at 12279. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look to Buy at 12280 (stop at 12160) Our profit targets will be 12580 and 12660 Resistance: 12530 / 12750 / 12910 Support: 12245 / 11880 / 11690 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group Longby VantageMarkets2
Will China50 turnaround?CHN50 - 24h expiry - We look to Buy at 12405 (stop at 12295) We are trading at oversold extremes. Short term bias is mildly bullish. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 12680 and 12740 Resistance: 12750 / 12910 / 13065 Support: 12245 / 11880 / 11690 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupLongby VantageMarkets1
China50 struggles to maintain gains.CHN50 - 24h expiry - We look to Sell at 12695 (stop at 12775) Although the market broke to the upside in early trade, bespoke resistance at 13100 capped the gains. Intraday signals are mildly bullish. There is scope for mild buying at the open but gains should be limited. Bespoke resistance is located at 12700. The lack of interest is a concern for bulls. The primary trend remains bearish. Our profit targets will be 12495 and 12415 Resistance: 12650 / 12700 / 12800 Support: 12531 / 12430 / 12360 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group Shortby VantageMarkets0
China50 to find buyers at previous support?CHN50 - 24h expiry Price action looks to be forming a bottom. Previous resistance at 12530 now becomes support. 12531 has been pivotal. Support is located at 12530 and should stem dips to this area. Buying posted in Asia. We look to Buy at 12555 (stop at 12435) Our profit targets will be 12855 and 12935 Resistance: 12700 / 12800 / 13000 Support: 12550 / 12500 / 12400 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA3
Evergrande's Wild Ride: What Lies Ahead for China's MarketsProblems with China are all over the news now with Evergrande filing for bankruptcy and opening down 90%. Is any of the previous examples of this are anything to go by, Evergrande goes up a few 100% now. That's what's the norm - as crazy as it sounds. Looking at the China indices, they currently hold 76 supports. This is a real make or break level for them. If buyers hold these levels, we might have seen the end of the dump. Probably nothing but pain if the supports break. Longby holeyprofit2
China50 forming a bottom?CHN50 - 24h expiry - We look to Buy at 12555 (stop at 12435) Price action looks to be forming a bottom. Previous resistance at 12530 now becomes support. 12531 has been pivotal. Support is located at 12530 and should stem dips to this area. Buying posted in Asia. Our profit targets will be 12855 and 12935 Resistance: 12700 / 12850 / 13000 Support: 12600 / 12530 / 12450 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group Longby VantageMarkets1
China50 resistance continues to cap rallies.CHN50 - 24h expiry - We look to Sell at 12495 (stop at 12595) Selling pressure from 12536 resulted in all the initial daily gains being overturned. A Doji style candle has been posted from the high. Our short term bias remains negative. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Further downside is expected although we prefer to sell into rallies close to the 12500 level. Our profit targets will be 12245 and 12205 Resistance: 12560 / 12750 / 12910 Support: 12245 / 11880 / 11690 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupShortby VantageMarkets2
China trend upChina stimulus pack is on track... at least charts are saying it. Even more we might know the direction of trend always use risk analysis to build position. For moment charts are saying china is going to do something about its economy! follow the trend until it bends!Longby diegotrader9988Updated 1
China trend downLooks like problems in china are still running badly, cutting rates and some economic issues are making chinese markets weak.. for moment its trend downShortby diegotrader99880
China A50 holds its ground despite weak sentimentAU wages came in weak, The RBA hinted that they think they're done tightening in the minutes, The PBOC cut rates (again) and a slew of data from China once again misses the mark. And all in a 30-minute period! I think we’re fast approaching a phase where bets will be on for another round of stimulus. The China A50 is holding its ground above 12,600 and AUD/USD has managed to hold above yesterday’s YTD low despite the weak data. There’s a floor under these prices, and any rumours of stimulus could potentially light the bullish match for these markets to bounce. Economic data from China continues to disappoint, with retail sales, industrial production and fixed-asset investment data all missing the mark today. This follows on from disappointing trade figures for Q3 with imports and exports contracting at a much faster pace than feared, and loan demand falling to its lowest level since 2009. Yet somehow, the China A50 is still holding above the 12,400 base it formed in Q2 (despite negative headlines) before falling on news of stimulus. Are we about to witness a similar scenario? Perhaps. The PBOC announced that they have cut rates for a second month in three, a move not expected by the majority of economists. But it does suggest there is some panic, and with that comes hopes of more stimulus. If a market can’t go lower on bad news, it may not take much ‘good’ news to help it rally. A bullish hammer formed on the daily chart on Monday and prices are holding above its low despite the negative sentiment. We therefore see the potential for a rally to at least 13k, either on hopes of stimulus (or confirmation of it). Longby CityIndex2
Technical analysis: #China A50 index #Long positionAccording to the chart, the down strend is about to end. Potential target is 15727.Longby Dr_Market0
CHINA A50 possible setupthis is my anticipation from the weekly chart. price reached a major resistance level, i used the fib retracement 61.8 level for extra confluence.Shortby Her_Spikes1
China50 to find buyers at previous highs?CHN50 - 24h expiry - We look to Buy at 13030 (stop at 12910) There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 13518. A Doji style candle has been posted from the high. A lower correction is expected. Short term bias has turned positive. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 13375 and 13600 Resistance: 13600 / 13970 / 14440 Support: 13080 / 12760 / 12245 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets2
Analysis on CN50 (China Stock Index)Hi all, I posted in mid June that this one is very worth monitoring. Now, not only it broke the blue line, it also make higher high right after with real volume. So, it is still fine to follow or if it retrace, just go long. TraderApprentice PP QuanTechTrader PPLongby QuanTechTraderPP114
CHINA STOCK A50 (another confirmation )hello dear trader i am still in buy position ... we buy at bottom we must waiting for target filll good luck Longby mehdi_kb3
China H&S Pattern ?Possible H&S pattern developing on bigger TF. Opportunity after neck breakout. Measured move - white lineLongby paul_poison0