HK50 Index Intraday Technical AnalysisHong Kong 50 index continued its downtrend during the hongkong / shanghai session. The HK50 index is trying to find support between 20700 and 20500. My idea is entry at 20500 and 20700 after confirmation of support and my goal will be the resistance of 21000.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
#HK50 #HongKongStockExchange #CashIndices
Hk50
HSI1! 2022 MAR 28 Week
HSI1! 2022 MAR 28 Week
Continue to watch reaction at 22703.
Weakness expected, market may test 20241.
Do note that downtrend remains since trendline has yet to be broken
and higher low has not yet formed.
Weekly: Ultra High Volume very wide spread up bar rejecting lower prices,
followed by average vol down bar closing off low, level with previous bar
= some strength
Daily: Declining volume as price was marked up = weakness
H4: Topping off, temporary weakness
Entry will be based off the price reaction to levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI1! 2022 MAR 21 Week
HSI1! 2022 MAR 21 Week
18037 support returned strongly.
Wait for reaction at 22703 as market returns to test previous breakdown and
channel area.
Weekly: Ultra High volume up bar closing on high =
possible weakness
Daily: Very high volume reversal followed by average
volume up bar = strength
H4: Market up on reducing bullish volume =
weakness
Entry will be based off the price reaction to levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI D4: XABCD 50% BUY/HOLD 13 000 points(NEW)Why get subbed to me on Tradingview?
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HSI D4: XABCD 50% BUY/HOLD 13 000 points(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: HK50 4days chart overview/outlook
::: speculative XABCD setup
::: BUY/HOLD swing trade setup
::: with 55% gains potential
::: lower risk position entry near point C
::: final TP BULLS / exit near 35 600
::: BEST reload bulls near 23 000 points
::: if we get a short-term pullback
::: great opportunity to re-accumulate
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLISH
::: fundamentals are also STRONG
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
HSI1! 2022 JAN 24 Week
HSI1! 2022 JAN 24 Week
Last week scenario2 played out as price pull back
below 24391 to test supply before uptrend continuation.
Market may return to test breakout area
Long on pullback preferred.
Weekly: Average volume Up bar closing off high = Weakness
Daily: Average volume Upthrust bar = weakness.
H4: Price came down on reduced volume = No supply
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HK50 VWAP BOUNCE BELOW MADrop after Hongkong Open, little correction, almost hit VWAP, and going back to the south.
HK50 WK1: 60% GAINS BUY/HOLD XABCD BULLS(SL/TP)(UPDATE)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
HK50 WK1: 60% GAINS BUY/HOLD XABCD BULLS(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: HK50 weekly chart review/outlook
::: bullish fractal in progress now
::: setup still valid as of today
::: speculative XABCD setup BUY LOW
::: expecting bullish reversal point C
::: NOT A BEARISH SETUP!
::: reversal near 20 600 points
::: BULLS wait to BUY LOW from point C
::: BUY/HOLD near my level for best results
::: BULLS will target STRONG reversal off the lows
::: lower risk setup is BUY/HOLD C / 20 600 points
::: exit at 34 300 points +60% gains BUY/HOLD setup
::: strong bullish chart expect more gains
::: TP BULLS TP1 +7500 TP2 +15000 points
::: SWING TRADE setup / SPECULATIVE SETUP
::: always do your own due dill / setup FYI only
::: recommend to BUY/HOLD point C
::: recommended strategy:BUY/HOLD C
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 20000 fresh demand zone
::: 35000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/reversal
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
HSI1! 2021 Nov 22 Week
HSI1! 2021 Nov 22 Week
Market again tested 247XX. It was not ready to go up . Trade will be guided
by the trend line and will only long if market exits trend line and is supported.
If long, wait for price to come down on low volume and find support.
If market rotates, stay out
If market breaks resistance and turns support = long
If market breaks resistance and closes below it, will short when resisted.
Weekly: Average volume down bar closing near low = weakness
Daily: High volume down bar closing off low, some demand present.
Market came down on lower bearish volume, supply may be exhausted.
H4: Friday's market came down on relatively higher volume, but no result,
there is some support / bears are exhausted at the moment.
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HK50 Returns To Bullish ChannelThe HK50 has managed to returned to the bottom of its bullish channel that was created on the 1hr/4hr time frame. This kind of price rejection on the downside is positive for the bulls, and the possibility for a continuation on the upside is very likely at this point. We are approaching the end of the year, and we are approaching Thanksgiving. Market participants tend to be more optimistic around these times of year, and with risk off sentiments dwindling, the possibility for the HK50 to create another high is very high. This kind of play would present itself to have a very high risk:reward ratio, and it is a play I am most certainly playing. Stop loss is below the bullish channel and target is at the last high.
HK50 Reaching Bottom of Yearly VWAP !Buy possibility on the HK50 as we are in an extremely bullish phase, and the HK50 seems to have reentered into its yearly VWAP, looks like it is at a prime buying position!
HK50 WK1: XABCD 30-40% correction up next?(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
HK50 WK1: XABCD 30-40% correction up next?(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: HK50 weekly chart overview/outlook
::: speculative XABCD setup
::: expecting major weakness soon
::: it's possible that we get
::: a few sessions in range lock
::: to develop the distribution setup
::: 30-40% mark down off the current highs
::: re-test near 16000/16500 points
::: STRATEGY: short sell any rallies
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
::: fundumentals also deteriorating fast
::: all the good news already priced in.
::: this is also important for CRYPTO
::: because next leg down in US stocks
::: may lead to mark down 30% in CRYPTO assets
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
China Next move China hit a very strong support when it fell 9% in the past weeks.
This support is holding strong and retested today again.
Going long for the long term for the price of ~16k
Good luck for everyone,
Cheers!
HKXHKD50 || HK50 || about 10:1Trading a perhaps* Bearish flag.
*Perhaps, because, despite such Bearish momentum, anything aye still possible.
After TP1 clicks, If the market shows more of Bullish possibilities. Then RR should be... you know what, "hold my drink"
Ok,
For trade, setting two entries. Same SL, different TP.
If TP1 hit, and TP2 doesn't. Then RR becomes about 9:1, instead of about 10:1.
This =/= break even.
@Smilq
[HK50 Short] 8 June, 2021 - Roger V Trading Ideas08/06/2021
HK50
Entry Resistance level idea:
Range between 30250 to 30800 Resistance
TP Support level idea:
1st aim: 29000
Final aim: 26720
Final SL for all Short positions:
31315 Resistance Level
Comments:
RVTA trading ideas on HK50, looking at the monthly chart, we can see multiple candlestick has formed in a consolidation queue. This shows that in the long term trend, if it get resisted in between 30250 to 30800 resistance level, the main direction for HK50 will go in a bearish trend over at least 3-6 months time from the date 8/6/2021 writing this trading idea.
However, if it was to break the final SL of RVTA trading ideas of 31315 resistance. As per RVTA strategy secrets, it will inversely default look long position for HK50. (Please beware of fake breakouts.)
--------------------
(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
--------------------
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
[HK50 Short] 8 June, 2021 - Roger V Trading Ideas08/06/2021
HK50
Entry Resistance level idea:
Range between 30250 to 30800 Resistance
TP Support level idea:
1st aim: 29000
Final aim: 26720
Final SL for all Short positions:
31315 Resistance Level
Comments:
RVTA trading ideas on HK50, looking at the monthly chart, we can see multiple candlestick has formed in a consolidation queue. This shows that in the long term trend, if it get resisted in between 30250 to 30800 resistance level, the main direction for HK50 will go in a bearish trend over at least 3-6 months time from the date 8/6/2021 writing this trading idea.
However, if it was to break the final SL of RVTA trading ideas of 31315 resistance. As per RVTA strategy secrets, it will inversely default look long position for HK50. (Please beware of fake breakouts.)
--------------------
(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
--------------------
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
HK50 is giving signals of this reversing for a few days ago!Hi Everyone! The HK50 is giving us signals of a probably reversing trend for a couple of days! I think we have enough signals at least a Short momentum for the next few Days! So for Day trade, I advise you to prepare your setup only for short positions for while!
Well, that´s my opinion!
Good Trades for everyone! and have a nice week!
Hang Seng - Possible short term correction? After rejecting the weekly resistance at 30,000 big number, the weekly timeframe printed a bearish engulfing candlestick that suggest a possible reversal is coming. Daily looks like just a pullback but with an aggressive decline. 4H timeframe formed a double top with bearish momentum divergence.
If price pulled back in a corrective manner we could possible see another leg down to next support level at 26,800 or much lower.