HSI1!
HSI1! 2021 Aug 30 Week
Last week's long preference worked well.
24306 was a previous high demand area, will buyers
come in to support should price reach there?
Daily: No Demand tiny spread, background = lower high.
Last 2nd and 3rd bar effort not result for the bears.
H4: 20 - 25 Aug we see the highest bullish volume emerged on
the background of this downtrend.
Also a spring in the 24780 - 26900 range.
Prefer to long on test of low.
Strategy for Short (Test and Reject)
Strategy for Long (Test and Support)
Entry will be based off the price reaction to these levels:
- 26900 - 26584
- 25955
- 25682
- 25330
- 24780
- 24306
Have a sane trading week for Hang Seng : )
