Hello Traders,
Not much new to add for Hang Seng!
The flag-pattern is dominating the chart since many weeks. All the moves look to me like a corrective, overlapping structure! So, I guess a break to the downside and below 27505 area should not surprise!
The more important chart is the daily, where I was counting wave's ((a)) and ((b))!
A break of the 27700-27505 area would open the door to my favorite count idea. A target should be range at the 26750-26200! More bearish potential exist! Only a break of the possible wave ((b)) high at ~29600, would clear the chart for the bulls!
Have a great weekend.....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!
Not much new to add for Hang Seng!
The flag-pattern is dominating the chart since many weeks. All the moves look to me like a corrective, overlapping structure! So, I guess a break to the downside and below 27505 area should not surprise!
The more important chart is the daily, where I was counting wave's ((a)) and ((b))!
A break of the 27700-27505 area would open the door to my favorite count idea. A target should be range at the 26750-26200! More bearish potential exist! Only a break of the possible wave ((b)) high at ~29600, would clear the chart for the bulls!
Have a great weekend.....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.