My Thoughts on Hang Seng Index quick sell
Good day traders!
We're looking at a potential sell setup for $Hang Seng Index(800000.HK$
And this is why:
1.) On the daily chart, the price is on a strong bearish trend. Adding confluence to this, the price is under the Ichimoku cloud, indicating a bearish market.
2.) There may be some opportunities for a sell entry at the 18195.09 level, where there is a market gap and where the previous low was.
3.) Stop loss will be placed at 20173.02, slightly above the 23.6% Fibonacci line.
4.) Take profit will be at 14040.30 where the -61.8% Fibonacci expansion line is.
Is there anyone else who believes the same way?
Trade Entry recommendations:
Sell Entry: 18195.09
Take Profit: 14040.30
Stop Loss: 20173.02
Other tickers to recommend:
For 5x Long Leverage: $HSI 5xLongSG230420(CWAW.SG$
For 7x Short Leverage: $HSI 7xShortSG230920(CZBW.SG$
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让子弹飞(SG) : 7 times shorting? See you on the roof
BullyMoo :
102640653 : Seems ridiculous to short now or later. It should be buying india At these levels .might have a surprise big bounce . These r important n Low Level where a bottom Could Be place. Always buy when there is fear n bloodshed On exchange
102640653 : Accumulation by big banks is going on