Hang Seng index has found the bottomPrevious 2-3 years China economic was very "sick", however I suppose now Hang Seng Index has found the bottom. Next year (from this moment) will be a good year for investing in China.Longby elTyy1
HSI - Falling Trend Channel [MID TERM]🔹HSI is in a falling trend channel in the medium long term. 🔹An inverse head and shoulders formation is under development. 🔹Break upwards through 19400 will be a positive signal. 🔹Overall assessed as technically slightly negative for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️by wavepoint990
HK50, H2 viewHK50, H2 view, lets see if the BEARISH continuation plays out, FYI, trend touch on the H4 TF, but observe price action, lets see if 3rd touch / best touch in this case are valid. observation : RSI shows no signs of weaknessby CryptAlo0
Hong Kong Index HSI is into an area of possible support 17600-118600 , minor support at 18000 Failure here will see the next level 165000 tested else we get a bounce to test the 20ema by Trader-Dan0
Why we don't use indicators?Many traders apply indicators for their analysis in their next trade. However, indicators formulate with historical price movement to tell us what is happening right now. It is not so much of telling us what is going to happen. The reason is simple, it is like economic policies, can manipulate the economy figure. But it doesn't tell us exactly the expectation of the market, such as big players or hot money flow. If you are using bollinger band on HSI the past 1 week, you would have made huge losses. Because the indicators is just using the average of previous price to plot the possible oversold point. HSI has been in the oversold 5 days including the moment we are posting here. Therefore, it is less efficient in telling us what is happening right now. Which is very important for trader to know what is the current big players sentiment. Rather just based on what happened before that could affect the present. What we eat few days back doesn't mean the output will be the same as what we had few days back. (unless is constipation)by ROUNDnSURGE89115
HK50 Posible Next IMP HK50 Posible Next IMP , With end of ZZ at 0.618 . Reccomend LONG position !!Longby Louis_PaulUpdated 1
HKEX to find resistance at psychological level?HS50 - 24h expiry - We look to Sell at 19995 (stop at 20155) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The Ichimoku cloud and 200-day moving average provide further resistance and we look to set shorts in early trade to capture this selling opportunity. The weekly pivot is at 20000. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 19605 and 19525 Resistance: 20850 / 22790 / 24770 Support: 18680 / 17710 / 16330 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.Shortby VantageMarkets1
HK / HSI ? I like this area. previous strong spike. I hope chart have got a fond memory here :) Spike/rebound. All the bestby reazosman1
HSI - Falling Trend Channel [MID TERM]- HSI is in a falling trend channel in the medium long term. - This shows that investors over time have sold at lower prices to get out of the index, and indicates negative development for the market. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 20786, ideally with an increase in volume, signals a further rise. - HSI is between support at points 19400 and resistance at points 20800. - Overall assessed as technically slightly negative for the medium long term *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price *Chart Pattern: DT - Double Top | BEARISH | RED DB - Double Bottom | BULLISH | GREEN HNS - Head & Shoulder | BEARISH | RED REC - Rectangle | BLUE iHNS - inverse head & Shoulder | BULLISH | GREEN Verify it first and believe later. WavePoint ❤️Longby wavepoint993
HangSeng - Observation 👲Watching this area on the HSI to see where we close.... A break here could open the gates to further downward pressure in the coming sessions.by Trader-Dan11
HKEX to stall at current high?HS50 - 24h expiry - We look to Sell at 20305 (stop at 20425) We are trading at overbought extremes. A Doji style candle has been posted from the high. 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 20305 level. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 20005 and 19650 Resistance: 20850 / 22790 / 24770 Support: 19650 / 18680 / 17710 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.Shortby VantageMarkets4
Hang Seng Index (HSI) WCA - Inverted Head and Shoulders PatternHello and thank you for taking the time to read my post. Today, we analyze the Hang Seng Index (HSI) on the weekly scale, focusing on a classic price pattern called the "Inverted Head and Shoulders Pattern." The Hang Seng Index is the leading stock index in Hong Kong and one of the most important in Asia. It tracks the share prices of the 50 largest and most traded companies on the Hong Kong Stock Exchange, representing about 57% of the total market capitalization on this exchange. Inverted Head and Shoulders Pattern: The inverted head and shoulders pattern is a bullish reversal pattern that occurs at the end of a downtrend. It is characterized by three troughs or valleys, with the middle one being the lowest (the head) and the two on either side being relatively higher (the shoulders). The pattern is completed by a horizontal line called the "neckline," which connects the highs of the shoulders. In a nutshell, the formation of the inverted head and shoulders pattern signals a potential reversal from a downtrend to an uptrend. Remember, this is just a brief introduction to the technical aspects of the inverted head and shoulders pattern. As you delve deeper into this topic, you'll discover more nuances and practical applications that can enhance your trading strategies. Additional Analysis: Upon analyzing the HSI weekly chart, we observe a downward trend since 16/02/2021, with the blue diagonal resistance line representing the general trend. As classic chart pattern analysts, our attention is immediately drawn to the textbook example of an inverted head and shoulders pattern, clearly defined with the left shoulder, head, and right shoulder. The symmetry between the shoulders is perfect, and the pattern has been forming for an impressive 491 days. This is noteworthy because the longer a price pattern remains consistent, the more powerful the eventual breakout will be. We cannot predict when the right shoulder will form and break out, but we can see that the price supports the symmetry line in the form of a bullish engulfing (orange mark). The price is currently still below the 200 EMA, which is another indication that we should continue to watch this price pattern closely and not jump to conclusions. Thus, we patiently await our opportunity. Conclusion: The Hang Seng Index (HSI) weekly chart showcases an Inverted Head and Shoulders Pattern, reflecting a potential reversal from a downtrend to an uptrend. By closely monitoring the pattern's intricacies and the market's subtle cues, traders can be better prepared for any potential price action in the future. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns. Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading. If you found this analysis helpful, please like, share, and follow for more updates. Happy trading! Best regards, by KarimSubhieh9
Check this out SnapshotThe Snapshot of the Masterpiece which was not supposed to happen.by nenUpdated 0
FINAL RESULT for the Check this out ExperimentThis is the result of a drawing with shapes I made in my idea "Check this out" & Check this out Snapshot. Both marks, yellow and orange, have been perfect predictions of where the price will be at that exact time. Or maybe these are just coincidences. :)by nen1
RESULT for the Check this out ExperimentI doubt the price will hit the orange milestone just it precisely hit the yellow star milestone. Still, there are enough coincidences in this experiment for me. Related ideas: Check this out & Check this out Snapshotby nen0
Bias on 28/4/2023Weekly: 1. Perfect align: Ext Fib. 0.618 is the same of 0.618 downtrend on 23637. 2. The top is broken the previous high. 3. ?? 50% retracement is touch. Daily: Downtrend bias: 1. 50 % is actually not touched. 2. 184 is the last Bullish Breaker. 3. If the 184 is touched, double bottom is formed and 50% is hit. 3. Ext Fib. at 0 ext to 0.618 is the last 0.618 downtrend. 4. 184 is key area. 5. Price now is closer to bottom. My bias: First, hit 184 than break the previous top, run up to 236. Shortby a915682530
Check this outWhat if this actually makes sense once the future unfolds on us? If it doesn't... look closer! :)01:45by nen0
HSI -Monthly ObservervationThe HSI has pulled back into the previous month ambush zone. Bulls will likely try defending 19660 or risk a much deeper pull back.by Trader-Dan1
Buying HKEX on dips.HS50 - 24h expiry - We look to Buy at 20260 (stop at 20090) Selling pressure from 20753 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. Short term bias is mildly bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 20210 level. Our profit targets will be 20690 and 20770 Resistance: 20850 / 22790 / 24770 Support: 19650 / 18680 / 17710 lease be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.Longby VantageMarkets4
Entanglement and waves(Hang Seng Index daily chart wave count: the correction of the fourth yellow wave has ended, and it is currently rising in the fifth yellow wave. update viewLongby qwekjc3
Hong Kong Stock Index (It shall swing UP higher) View On Hong Kong Stock Index (13 Apr 2023) HSI is in * Uptrend in short term * Uptrend in Mid term * Downtrend in Long term We are seeing a good swing back UP in HSI and it shall go UP higher. 20400~20600 will be the immediate resistant for now but the price shall break UP sooner or later. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.Longby SonicDeejay1
HK50 LONG?The price has tested the 20000 mark for the third time. Proving to be a short term support. Long was initiated. Stop loss; 19777.50 Take profit: 20995.39 Risk/Reward ratio: This remains a risky idea.Longby Maboko0