Hong Kong 50 Index – Continuation Chart Pattern – Falling Wedge
Emerging Falling Wedge pattern in its final wave was identified on the Hong Kong 50 Index 4 hour chart. After a strong bearish run, we find Hong Kong 50 Index heading towards the upper triangle line with a possible resistance at 15930.0225. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
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