HK50 Long Idea - Weekly - DailyHK50 is getting close to weekly POI. We can see a bullish ChoCh from Jan 23 ?! Then bullish reaction from ? Jan 24 ?! Is Strong up trend coming in Jan 25? Will Trump25 help HK50? Something stress free, like 200$ on 1:30 could give 500$ in couple of months.Longby Matts_FX0
Hang Seng Index at 0.618 Fib: Bullish SetupThe Hang Seng Index has demonstrated strong bullish momentum, adhering closely to its trendline throughout its rally. Following this upward trajectory, the price has undergone a significant retracement, finding support near the critical 0.618 Fibonacci level—a key zone for potential reversals in technical analysis. This pullback has established a higher low at 19,332, indicating sustained bullish pressure and reinforcing the current uptrend. This confluence of the Fibonacci level, trendline support, and higher-low formation presents a compelling buying opportunity, with the potential for continued upside as the bullish structure remains intact.Longby AnalytixEdgeByQasimUpdated 226
is the index in booze again and in breakdance mode? PEPPERSTONE:HK50 HSI:HSI Hello bello...everyone, may all your trade closed in profit! As mentioned in yesterday post, the Index was in a bearish mode but be cautious. Look at the 4H chart, do you see? Both MACD & KDJ are arcing again (MACD still within the bearish zone, below zero level) 4H chart - Bearish (bullish reversal within bearish zone, temporary -this can be fake rebound 😂) Cross-checked with broader tf chart - D chart. KDJ is now at oversold area 20. Both KDJ and MACD below zero level. Bearish. 1H chart the Index seems has no mood and strength to move and need quite a long rest... Mood change overnight, re-adjust and in the action. MACD - reversal for bullish generating green histogram; although the signal within bearish zone. Hence, for day trade is bullish for the week it could be pullback. KDJ completed the bearish mode and turned bullish; at the point of observation, it was overbought at KDJ ~75. MACD arcing up Bullish, KDJ overbought zone - this signal divergence; so cautious of the potential correction. It's likely to pullback. Hence, trade cautiously. For day trade: Same strategy, sell at resistance; buy/TP at support. Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Support : 18300; today broke the support level hopefully it stays above 19070 level. (if breaks then next 19300) Resistance :19200-19300 (if breaks then 19450, then 19650) Sticktoyourplan follow your trading strategy. Trading to make pocket money isn't that challenging and it can be boring and you can make it fun and zen with it. Let's follow our own strategy and zen with 📙 and 🍵 to let the results realized. It can be a winning trade or losing trade, it doesn't matter. We are aiming for long horizon; as we are not gambling or speculating. Rememeber to allocate some of your gained pocket money for long term asset investment. We should take contrarian strategy. Accumulate Hong Kong and China stock and wait for 12-24months or more to have an exponential capital gain. Check the Month Chart you will notice, is almost there already.... PEPPERSTONE:HK50 HKEX:2800 Time frame is important! Prepared for the rollercoaster short-term rider for these two markets. Got your trade plan ready for 2025, or are you still figuring out your moves? Share your view OR hit the 🚀 , signal that you keen to explore. Happy Trading Everyone! ☺ by ChenQianYu2
this week clearly more bearish than bullish but again cautious!PEPPERSTONE:HK50 HSI:HSI Hello bello.....May everyone trade in the state of peaceful and calming mind. Hong Kong Stocks Post Five-Day Rout Hong Kong stocks ended lower on last Friday, extending the losing streak to a fifth session, as sentiment remained downbeat due to concerns over US-Sino trade tensions. The Hang Seng Index retreated 0.92%, or 176.60 points, to end the week at 19,064.29. Is the news helping? News is distraction. 😂 What's the magic numbers to look at for HSI for the near short-long term? Well, we are now in the pullback correction area, worth to notice and recall that in fact in 2024 the index has actually bringing the full-year with almost 18% (17.67%) gain; closed at 20059. Support: 18569, 18215 (from W Chart you can see this is the support level from May,Sept 2024). If this breakthrough then we will see the index at 17570 level. Resistance: 18,930, 19,700 (well there are analyst forecasting that HSI has an upside of 15% targeting to 20,3000 by end of 2025) b]4H chart - Bearish Both MACD & KDJ are indicating Bearish mode. MACD - remained at bearish zone, line still arcing. [ s]But crossing up. Good sign. KDJ - remained in bullish green zone, indicating uptrend signal. Turned bearish. Cross-checked with broader tf chart - D chart. Bearish - at Oversold zone,below 80 Both KDJ and MACD below zero level. Bearish. 1H chart the Index seems has no mood and strength to move and need quite a long rest... For day trade: Same strategy, sell at resistance; buy/TP at support. Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Support : 18215 (if breaks then next 19070) Resistance :18650 (if breaks then 19450, then 19650) MACD - closing to touch zero line trying to breakthrough but with the red histogram it looks likely dipping down. KDJ - in bearish zone. It may be divergence signal that on the oversold area and could see a rebound. Sticktoyourplan follow your trading strategy. Trading to make pocket money isn't that challenging and it can be boring and you can make it fun and zen with it. Let's follow our own strategy and zen with 📙 and 🍵 to let the results realized. It can be a winning trade or losing trade, it doesn't matter. We are aiming for long horizon; as we are not gambling or speculating. Rememeber to allocate some of your gained pocket money for long term asset investment. We should take contrarian strategy. Accumulate Hong Kong and China stock and wait for 12-24months or more to have an exponential capital gain. Time frame is important! Prepared for the rollercoaster short-term rider for these two markets. Got your trade plan ready for 2025, or are you still figuring out your moves? Think of it like prepping for a wild night out—plan your entry, know your exits, and avoid getting caught in the wrong crowd (aka bad trades). Happy Trading Everyone! by ChenQianYu2
still figuring out the moves? PEPPERSTONE:HK50 HSI:HSI Happy Friday everyone! www.tradingview.com The Hang Seng fell 39 points or 0.2% to end at 19,241 on Thursday after trading modestly higher in the morning, with eventual losses in financials and property. Is the news helping? News is distraction. 😂 4H chart Both MACD & KDJ are on the divergence. MACD - remained at bearish zone, line still arcing. But crossing up. Good sign. KDJ - remained in bullish green zone, indicating uptrend signal. Cross-checked with broader tf chart - D chart. It's still at oversold zone ,below 80 for KDJ and MACD below zero level. 1H chart the Index is dancing within very narrow range for today. Support : 19130 (if breaks then next 19070) Resistance :19375 (if breaks then 19450, then 19650) MACD - closing to touch zero line trying to breakthrough but with the red histogram it looks likely dipping down. KDJ - in bearish zone. It may be divergence signal that on the oversold area and could see a rebound. For day trade: Same strategy, sell at resistance (19371); buy/TP at support (19070 strong support level; then 18910). Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Sticktoyourplan follow your trading strategy. Trading to make pocket money isn't that challenging and it can be boring but you can make it fun and zen with it. Let's follow our own strategy and zen with 📙 and 🍵 to let the results realized. It can be a winning trade or losing trade, it doesn't matter. We are aiming for long horizon; as we are not gambling or speculating. Rememeber to allocate some of your gained pocket money for long term assets investment. Is end of the full trading week for 2025. Got your trade plan ready for 2025, or are you still figuring out your moves? Think of it like prepping for a wild night out—plan your entry, know your exits, and avoid getting caught in the wrong crowd (aka bad trades). Share your ideas and goals with fellow market party animals, hype each other up, and sharpen your skills with regular practice. Let’s make this trading year a VIP experience! Happy Trading Everyone! by ChenQianYu2
waltzing within the boxPEPPERSTONE:HK50 timing markets is virtually impossible we don't have crystal ball🔮 and hence we don't predict or speculate. let's dance with the index From yesterday post, from the indicators we keep an eye to monitor as it may rebound... so is this the rebound ?(yes maybe short-term). A full reversal? again, we don't know! But, don't think so, always cross-check with broader tf - D Chart. It's still at bearish zone; oversold zone (continue to monitor....) From the 4H chart Both MACD & KDJ turned around giving reversal signs. MACD - although still below zero level but we can see the lines are curving up. KDJ - turned into bullish green zone, indicating uptrend signal. The 1H chart - the Index moving within the box. You may use BB indicator to get the range too.The previous range red box 19000 - 19200. Support : 19200 if breaks then next 18960) Resistance :19440 (if breaks then 19647, then 19945). For day trade: Same strategy, sell at resistance; buy/TP into support. Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. For swing trade : Set your tf, entry and exit plan. For slightly mid-long term trade (more than 9months - 36months++) : You may plan and DCA the Index. You may take a long position on HSI Tracker Fund 2800. HKEX:2800 The index is currently in a discount zone, check the historical price; there are ample of room to reach its ATH @33500. The law of attraction; we know that whatever bottom eventually rebound, it's the matter of time. DYODD. Plan your trade, do not listen to anyone including this post! Profitable traders/investors take contrarian moves. It's challenging but worth spending some time to think:- Ultimately what we want to achieve from our action/trading... Sticktoyourplan follow your trading strategy. Set your SL/TP. Once set, you may zen with 📙 and 🍵 wait for the results. Happy Trading Everyone! by ChenQianYu2
dancing cha-cha within the range ; be cautiousPEPPERSTONE:HK50 HSI:HSI Helloy bello everyone! Seems like the party ain't ending soon, is dancing cha-cha for the past few 1H candles From the 4H, it seems inching down. as the MACD & KDJ both indicating bearish mode. Cross-checked with broader tf chart - D chart. And it's at oversold zone; keep an eye as it may rebound. The 1H chart - the Index grasping at the level between 19200-19500 Support : 19200 (yesterday texted 19224; if breaks then next 18960) Resistance :19500 (if breaks then 19650). For day trade: same strategy, sell at resistance (19370-19400); buy/TP at support (19250-19270). Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. For swing trade : Set your tf, have your entry and exit plan. For slightly mid-long term trade (more than 9months - 36months++) : You may plan and DCA the Index. You may take a long position on HSI Tracker Fund 2800 HKEX:2800 The Index is currently in a discount zone as it's traded 30% above its historical all-time-lo (ATL); Ignore the news and plan for your long term capital gain game plan, be patience and zen. The law of attraction; we know that whatever bottom eventually rebounds, it's a matter of time. DYODD. Plan your trade, do not listen to anyone. You can't make the money beyond your realm of capabilities. Sticktoyourplan follow your trading strategy. Set your SL/TP. Once all is set, let's zen with 📙 and 🍵 wait for the results. Happy Trading Everyone!by ChenQianYu3
Do you see it as a opportunity to scoop the dip? PEPPERSTONE:HK50 Hello everyone, good day! PEPPERSTONE:HK50 HKEX:2800 The 1H chart - the index had lost its strength and has plunged ~300pts from its morning open @19587. Hi : 19868 (higher than 19876 @20250105 1H Hi) Support : 19300 ( ati point of writing broke the level; next 19130, 18965) . Monitor if is able to stay at this level. Resistance :19600 (if breaks then 19700). Unlikely. www.scmp.com Do you see it as a opportunity? For day trade: Same strategy, sell at resistance (19353); buy/TP into support. Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Here taking Bearish position. For swing trade : Set your tf, entry and exit plan. For slightly mid-long term trade (more than 9months - 36months++) : you may plan and DCA the Index. You may take a long position on HSI Tracker Fund 2800. HKEX:2800 The HSI is currently in a discount zone as it's traded 30% above its historical all-time-lo (ATL); there is ample of room to reach its ATH @33500. The law of attraction; we know that whatever bottom eventually rebounds, it's a matter of time. DYODD. Plan your trade, do not listen to anyone including this post! Sticktoyourplan follow your trading strategy. Set your SL/TP. Once all is set, let's zen with 📙 and 🍵 wait for the results. Happy Trading Everyone! by ChenQianYu2
Still in the awkward zone...PEPPERSTONE:HK50 Hello everyone! May everyone have a great week ahead, the weekend had past regardless you had a good one or challenging one, that had passed! We live in now and then. Let's see how the index doing this morning for the new start of the week and so we can plan and take action accordingly. Are they waiting for the 2025-2026 budget speech in Feb; after CNY? News are distraction. If you are using chart pattern, technical analysis to forecast the price movement; stick to it! Although sometimes news can be catalyst to price movement, as long we stick to our plan and continue to practice and adhere to our own SOP, our trades will not go too far off. From D chart What we can see is the MACD,Signal is getting weak , histogram is weak the signal line is breakthrough the zero line. We should monitor close by end of today if it crosses down the zero line. Let's not go against the trend, trend is always our friend! ☺ However, for the index it seems currently is no trend...awkward. haha The 4h Chart - the pricing had turned bearish since 31/12/24 as marked (Dead Cross). Support : 19311 Resistance :20220 The 1H chart - the index dancing within the range bound as we noticed from chart. Hi : 19868 (higher than 19876 @20250105 1H Hi) Support : 19630 (if breaks then next 19311) Resistance :19850 (if breaks then 19980 ;52EMA) For day trade: Same strategy, buy into support, sell at resistance and monitor. For swing trade : depends your time frame (tf); once the 1h hour chart MACD indicator crossing up the zero line and the KDJ turned green. May take bullish position. Sticktoyourplan follow your trading strategy. Set your SL/TP. Once all is set, let's zen with 📙 and 🍵 wait for the results. Happy Trading Everyone! by ChenQianYu3
2025 NewYear Party with severe Hangover again!PEPPERSTONE:HK50 Happy New Year everyone! 1h Chart From the chart we can see the 1h MACD forming Golden Cross on last 31/12/2024 0900; it was pumped to have a nice closure for 2024 and went for a heavy party. This morning, as we can see the hangover hits quite severely! The index plunged more than 500bps this morning. The MACD indicator now is forming Deadcross and in its bearish mode. The KDJ is also in its bearish zone. Today the index could find support at 19453 and resistance at 19753. D Chart Well, we wish we had a crystal ball. From the D chart, the MACD line crosses the Signal line forming a Deadcross. However, the Signal line is yet to cross below zero although the KDJ is already in its bearish zone. Do not be swayed by the news, stick to your plan and set your TP/SL. Do not anticipate and speculate how the markets move, we can only react with Buy,Hold or Sell. Let's monitor the movement and practice your zentrading strategy. Happy trading everyone! Wishing you the best coming to you this 2025! Let's continue 🧘♂️ Zen-ing with 📙 and 🍵. by ChenQianYu2
Hang Seng Index H1 | Falling to overlap supportThe Hang Seng Index (HKG33) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 19,905.23 which is an overlap support that aligns with the 50.0% Fibonacci retracement. Stop loss is at 19,540.00 which is a level that sits under a multi-swing-low support. Take profit is at 20,522.59 which is a multi-swing-high resistance that aligns close to the 50.0% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Longby FXCM1
HK50 Long1)Trend defined. Weekly- Daily Uptrend. 2)Contradictory entry. At the lower extreme of an 1h consolidation area that is a 4h-1d key level as well. 3)Default loss. A bit lower that the swing low. 4)Default target levels. 1.72, 2.95, 4.86. 5)Risk <= 3% 6)Singular trade. 7)Trades placed today <= 5.Longby koumkouatUpdated 0
"HK50 / Hong Kong 50" Index Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the "HK50 / Hong Kong 50" Index market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a Bull trade at any point, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level. Goal 🎯: 21,600 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂Longby Thief_TraderUpdated 2
at least a meal treat for the weekend!FX:HKG33 Hello everyone, from the D chart, the index seems dancing within the dancefloor. From 1h chart today trade plan : same old same old strategy sell into resistance and buy at support. From the shorter tf we can notice probably end of the week and index seems giving meal treat. 🥩 🦃. For the first hours from the MACD signal and KDJ it seems bullish. Long for the first half; continue to monitor see if it breakthrough 19975/20000. Happy trading everyone! Stick to your plan, set your SL/TP. Let's zen with 📙 and 🍵 while waiting for the meal treat and show your gratitude and love the Index although sometimes it doesnt go according to our plan. 🥂 Longby ChenQianYu3
Do you see what I see? Uncle Roger quote: Haiya!FX:HKG33 Hello everyone! Do you see what I see? Haiya! not sure if the overnight fed news probably injected more booze; the Index seems continues to hangover and not gonna sober anytime soon. 4h chart Price movement - Bearish MACD Signal indicator : Bearish D chart no sign for bullish, the reversal seems not happening that soon. To gain some pocket money, from chart we do not go against the trend. Same old strategy - sell into resistance today. Be cautious if the reversal happens this week, tomorrow is the end of the week. As of writing, the index loss around 250++pips ; down around 1.45% this week. See W chart: Happy trading everyone and the Santa actually is there always, you can long/short for the 🎄 📦. Let's be cautious to protect our capital unconditionally while monitoring the movement let's Zen with 📙 & 🍵!Shortby ChenQianYu3
the hangover hit quite long isn't it?FX:HKG33 Hello everyone! The index seems got some booster? D chart shown that the MACD Signal lines are both are closing the gap and touching the zero line. Price : 19700 - 19730 is the support level We do not know if this is gonna be bullish or bearish. How to cross-check and confirmed? Let's deep dive into smaller tf:- 4h chart On 9Dec2024 we can see the Golden Cross from MACD indicator. Infact the index did surged for that day but it did not last long. As you can see the Dead cross on 11Dec2024 as marked in chart for easy reference. 1h chart as marked 12Dec2024; the MACD signal formed a Dead cross crossing down the zero line which confirmed it was in a bearish zone. This bearish mode has continue till date. However, you can see the indicator starting contributing green histrogram and the MACD line is curving up and touching zero line, as mentioned we are hoping that there is attraction for volume to realize the reversal. So we have to monitor closely and see if we can ride on the reversal. Support level at ¬19700. The Index will continue to test this support level. BB : we can see the movement is slowly curving up, and hopefully this continue together checking and confirming with the MACD curving up trend. Also to look at the KDJ, although is in bullish green zone but the indicator seems curving down. Swing trade plan buy into support sell at resistance and set your SL/TP. Trade according to your tf ; set your entry/exit plan accordingly. Support Level ; 19700, 19520, 19315(another key support level) Resistance Level : 19900,20050-20250 Happy Trading Everyone! Let's execute our zen strategy and zen with 📙 and 🍵. by ChenQianYuUpdated 1
not yet sober; continue with bearish sentiment. Resistance level : 20070-20090 Support Level : 19670 - 19568 If breakdown thru 19303 the next bus stop will be 19080 i.e 🆘 level as you can see from 1h chart. Tradeplan : buy into support and sell at resistance, set your SL/TP. From today macro overview, most of the traders likely to short the index. To trade for 100-150pips profits for tomorrow and within this week for 200pps is feasible. Remember your SL and locked in profit. tradingview.com/news/mtnewswires.com:20241216:G2446630:0-hong-kong-stocks-extend-slide-on-disappointing-chinese-economic-data-ganglong-china-property-slumps-10/ The Hang Seng Index fell 0.88%, or 175.75 points, to close at 19,795.49. For D chart We are hopeful to see the reversal; the MACD Signal is now breaking above zero level and although the KDJ still in bearish zone. Let's continue to monitor; while waiting for more positive news and hopefully Santa remember to drop by the index chimney to give it a boost we shall zen with 📙 and 🍵! Happy Trading Everyone!Shortby ChenQianYu112
The booze seems quite strong; the hungover continue aft party!FX:HKG33 hello everyone TGIF! Trade plan for today before end of the week. It continues to dance btw range as shown in chart : 19800 - 20500 (1h Chart) To trade using smaller range tf. For the week it's still a small gain. Shorted earlier hoping to take some profit for 🎄 weekend meals. ☺ Again to set your SL/TP level. 4H Chart The 4h chart showing the index is still on the bearish zone. Happy Trading and have a good weekend everyone! while waiting toTP let's continue to zen with 📙 and 🍵! Shortby ChenQianYuUpdated 1
Recovering from hangover? FX:HKG33 Can you see what I see? It is recovering from the party trying to keep its energy at 20300 level. Today trade plan - Long! Again put your SL. Happy Trading everyone! While waiting to harvest the profit, continue to zen with 📙 and 🍵. ☺ Longby ChenQianYuUpdated 221
HK50 "Hong Kong 50" Index Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist HK50 "Hong Kong 50" Index Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 4H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂 Longby Thief_TraderUpdated 6
Is The Reversal End? Will the rebound party last?FX:HKG33 Is the Index rebound strong? Based on the 1h chart, you know the answer. What is the range to look out for? 10EMA crossing down 52EMA on 1h chart. Not good. MACD signal break through zero line level indicate bearish mode. Histogram bearish color in deep red like the index. Required "blood/live" to boost. From the Money Flow Profile : 20208.39 level shown the selling pressure with huge volume. You know where to get the indicator and how to read it. KDJ Indicator, kind of confirming the bearish zone for the hour. Consolidation area : 19750-20300(the index dance between the rangebound) as mentioned in previous post reaccumulate at 19730-20300. D Chart Price 20165.88 closed below 52EMA - 20354.18 (Down 171.28; -0.84%) For the Week, as of today - it is still gaining 391.15 +1.98% from Open : 19,774.73 on 9Dec24. Let's continue to monitor and see if the authority fiscal policy benefit and boost the reversal. Happy Trading! by ChenQianYu1
Key Support Level! FX:HKG33 Hi everyone, did you managed to ride on yesterday the fireworks and joined the party? If you are following the movement of HSI then probably you are in the game and able to catch the short term fireworks Bull :) Yesterday the Index seems being injected with stimulant - based on HKG33 (surged 1,013.46; +5.13%) Let's look together at the D,4h & 1h charts where they've had given us signal of the boost. D Chart 4h Chart 1h Chart - Price is moving downwards closing to the 52EMA (20137) - MACD Signal with Deadcross and KDJ at bearish zone However, as mentioned in previous post my personal POV, prefer the movement slow and steady forming a stable staircase; more sustainable. As you can see, today the candles seems tired after the stimulant boost for the party. Then, did you managed to short for the reversal for some pocket money? :-) Trade Plan - Day Trade : Swing Lo: 20290-20800 (Long at support and short at resistance depends on your own tf) Swing Trade : 2 days - 5days : Swing Lo:21350 Swing Hi :18960 Re-accumulate at/below 19730-20300 level. Please note that 19730 & 20300 are keys support/resistance level. Remeber to put your SL for traders. Longterm Trade : With the recent China govt calls for proactive fiscal policy in 2025 (appropriately loose monetary policy), it's confident and confirmed that both China and Hong Kong markets will benefit and the reversal is for real. We can start to expose and accumulate more in both countries. For HSI to break the range 22900-23275 and make new ATH would be very soon. Happy Trading everyone! Let's continue to monitor the Index movement and dont forget to follow your zen trading strategy. Trading is a lifelong learning path , continue to practice and master the skills by reading 📙 and 🍵. Reading helps to form a good habits for thinking and sometimes is a good method for distraction (not to keep looking at chart) once you have set your TP/SL following your strategy. :) by ChenQianYuUpdated 4
HSI Index Falls Amid Disappointing Chinese Economic DataHSI Index Falls Amid Disappointing Chinese Economic Data On Tuesday, Hong Kong's HSI index (traded as Hong Kong 50 on FXOpen) declined, erasing gains from the previous session due to worsening market sentiment following the release of disappointing Chinese economic data for November. As reported by the media: → China's export growth slowed to 6.7% year-on-year, falling short of the forecasted 8.5%, according to a Reuters survey. This marks a significant deceleration compared to the 12.7% growth recorded in October. → Additionally, Chinese imports contracted, decreasing by 3.9% year-on-year in November, further deteriorating from the 2.3% decline seen in the previous month. These figures have heightened concerns about the state of China’s economy, with consumer demand remaining weak amid the potential for tariff increases under the Trump administration. Technical analysis of the Hong Kong HSI Index chart (Hong Kong 50 on FXOpen) reveals that price action throughout 2024 has established an ascending channel (illustrated in blue). Notably: → The median line of the channel has previously acted as a "magnet" for price (highlighted with a blue oval), typically indicating equilibrium between supply and demand. → However, as marked with an arrow, it has recently acted as resistance, turning the price downward this week. This sharp shift in sentiment suggests that the HSI index value (Hong Kong 50 on FXOpen) could retreat to the previous consolidation zone between the 19,000–19,700 levels. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen117