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HSI1!

HSI1! 10 May 2021 Week (Intraday) HSI1! HSI1! 10 May 2021 Week (Intraday) Weekly | Daily = TBC, H4 and below = Bullish 03 May Week - Rejection scenario played out and green zone price target was reached. After which Bar A dominated the market. The low volume wide spread down bar test of its low at A1 offered good long opportunity; and later climatic bar B as well. Notice how the demand line of a previous channel (grey) acted as a resistance with the highs tracing that line. Will market attempt to return to previous channel? Scenario: If 28663 is accepted, price may attempt 29820. Else we may again see green zone as price target. Have a good trading week ahead.
HKEX:HSI1!
by paradox677
HSI1! 2021 Apr 19 Week (Intraday) HSI1! 2021 Apr 19 Week (Intraday) Noticed that price weren't able to make its way past the midpoint of the channel. Is the market weakening? The support and resistance zone remains. No change to trade levels. 1) Use the range of previous ultra high volume bar as a guide for a immediate support/resistance. Clue: Ultra high volume, wide spread down bar is a sign of strength, WAIT for long opportunity in lower TF. Ultra high volume, wide spread up bar is a sign of weakness, WAIT for long opportunity in LTF.
HKEX:HSI1!
by paradox677
1
Start of another mark up or Fake out?After the re-accumulation at 26500-26000 in December, HSI rallied all the way to 30k before climaxing. Volume was very low throughout and the move appeared rather laboured which was unlike the markups/downs i have witnessed before in HSI . We again saw good amount of buying in couple of weeks before the holidays. Price has now broken out of the top of re-accumulation range at 29500 and is poised to break above the swing top at 30336, possibly Tomorrow. If it is the start of another mark up then next stop might be around 31500-32000. I was wrong about a fake out the last time it break out of the range at 26500 and i can be wrong again but i have a strong feeling that a big selloff to at least 27500, possibly 25500 is coming before a multi month rally to new ATH . I will be looking for sell signals at 30350-550.
HKEX:HSI1!Short
by Dec0der
27
HSI1! 2021 FEB 15 Week HKEX:HSI1! HSI1! 2021 FEB 15 Week Weekly, Daily, Current TF = Shortening of thrust Last bar price advanced on weaker volume. If story were to repeat itself, per price action at resistance 1) short if next bar close below high of bar A 2) breaks current resistance, rejected and comes back into resistance, preferably below high of bar A 3) Immediate resistance comes into play and market comes down. If long, possible scenarios 1) long on dip, volume declines as price comes down, volume on advancing bars should be strong 2) immediate push up on reasonably strong volume with high of bar A acting as the immediate support. 3) if push up is on ultra high volume, wait for test and enter. Remember to Like and Follow if you find this useful. Have a safe and profitable trading week. GONG HEI FATT CHOI!
HKEX:HSI1!
by paradox677
HSI1! 2021 Jan Week HKEX:HSI1! HSI1! 2021 Jan 25 Week Red Greed zones = preferred entry levels Grey box = price rotation If we look at the daily/weekly chart, the high is nearing 30336, previous resistance. Immediate price watch 29488, 29672 Resistant3 = 30336 (Previous high, supply area) Resistant2 = 30098 - 30143 Resistant1 = 29857 - 29905 Support1 = 29323 - 29362 Support2 = 28970 - 29000 Trade Management Profit target can be 30% / 50% / till next zone Remember to Like and Follow if you find this useful. Have a safe and successful trading week ahead.
HKEX:HSI1!
by paradox677
1