Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards 12120.0195 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
Possible start of a bearish trend on Hong Kong 50 Index
Hong Kong 50 Index has broken through 17884.0391 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, Hong Kong 50 Index may be heading towards 17583.6797 within the next 3 days.
Is FTSE China A50 Index likely to correct after consecutive bearish candles?
FTSE China A50 Index has moved lower after 6 consecutive 4 hour candles from 12154.5200 to 12069.6700 in the last 2 days.
Hong Kong 50 Index – getting close to resistance of a Triangle
Emerging Triangle pattern in its final wave was identified on the Hong Kong 50 Index 4 hour chart. After a strong bullish run, we find Hong Kong 50 Index heading towards the upper triangle line with a possible resistance at 18407.8195. If the resistance shows to hold, the Triangle pattern suggests a rebound back towards […]
Should we expect a bearish trend on Australia 200 Index?
The breakout of Australia 200 Index through the 7743.2500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Australia 200 Index could test 7721.5200 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of […]
Hong Kong 50 Index short term bearish trade setup to 17933.6699
Hong Kong 50 Index is heading towards 17933.6699 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down […]
Is FTSE China A50 Index likely to correct after this massive movement?
FTSE China A50 Index has experienced an exceptionally large movement lower by 1.52% from 12215.32 to 12030.07 in the last 2 days.
Australia 200 Index short term bullish trade setup to 7788.4399
The movement of Australia 200 Index towards 7788.4399 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 23 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Should we expect a bullish trend on Hong Kong 50 Index?
The breakout of Hong Kong 50 Index through the 18034.0391 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Hong Kong 50 Index could test 18166.9141 within the next 9 hours. One should always be cautious before placing a trade, wait for […]
FTSE China A50 Index – Continuation Chart Pattern – Channel Down
FTSE China A50 Index is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may […]