China50 to find sellers at current market price?CHN50 - 24h expiry
Selling posted close to the previous high of 13800.
13868 has been pivotal.
Bespoke resistance is located at 13800.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
We look to Sell at 1379
CHINA A50: 1st 1W Golden Cross in 10 years.China A50 is close to making the first 1W Golden Cross in 10 years and the set up couldn't be more bullish after a consolidation of almost a year. The index is far off its ATH but still this Golden Cross can easily make it test the R1 level. Long, TP = 16,320.
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China50 to find sellers at current swing high?CHN50 - 24h expiry
Selling posted close to the previous high of 13800.
13868 has been pivotal.
Bespoke resistance is located at 13800.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
We look to Sell at 137
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CHINA A50 MARKET ANAYALIS AND PRICE PREDICTIONCHINA A50 Has activated a reverse order at an Institutional order Block. The reverse SET UP is perfect and complete because renegotiation has succeeded and also failed in the opposite direction and a renegotiation trend line has been broken with shift candle creating an imbalance in the market. Dec
CHINA50 to break to the upside?CHN50 - 24h expiry
A break of the recent high at 13506 should result in a further move higher.
A Morning Doji Star formation has been posted at the low.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
We look for gains to be extende
CHINA50 to find buyers at market price?CHN50 - 24h expiry
Buying continued from the 78.6% pullback level of 13375.
Offers ample risk/reward to buy at the market.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Early pessimism is likely to lead to losses although extended attempts
InterSecting Trend Line and Shark Pattern There's a chance that the Chinese shark might dive from the 14,000, following the harmonic Shark pattern and Fibonacci level of 1.138.
The 1.138 Fibonacci level intersects with the Daily trendline, Indicating a strong possibility of another downturn! 📉
Keep an eye on the charts.
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Displays a symbol's price movements over previous years to identify recurring trends.