Hello everyone!
From previous update, HSI uptrend mode is still on track.
Previous POV: Deep retracement had happened. From 25,419 retraced to 24250 (circa 3.23% , 812pts). Check the previous post.
For this week and upcoming; looking at shorter time frame for Long entry.
For intraday, swing trade - look out for entry for swing (using shorter tf to entry), you may use Fibo and other indicator whichever you feel comfortable and confident.
At point of writing ✍️: the HK50 $PEPPERSTONE 4H chart is undecisive.
For aggressive entry, you may take Long position and set SL.
Otherwise you may wait for confirmation (depends on your time frame of trade).
currently on D Chart -
🗝️ Resistance Level : 25060 (the recent Hi)
Support Level : 24,787
Support level 24,612 (EMA30)
🗝️ Strong Support Level : 24,283 (from 24048@30Jul25, Gravity Trend Line)
Macroview - Hong Kong Markets continue to be Bullish.
Higher Hi⛳ marked in D Chart HK50 $PEPPERSTONE
21May2025 -23909
11June2025 -24430
25June2025 -24531
16Jul2025 - 24842
24Jul2025 - 25729
?? ??2025 - 26713 Next Hi
Notice the trend, after the ⛳ , retraced back to Gravity Trend Line area, GMMA squeezing before it spreading out again for bullish trend.
Nothing complicated. Pay attention, set up your SOP. Take your position, setting stop loss and ride on the trend.
This applicable to Long and Short position.
The HSI Index
At point of writing ✍️ Index is being sucked towards to D GravityLine - 24344; it reversed to bullish on 5Aug25.
🗝️ Next Resistance Level : 25115
🗝️ Next Support Level : 24826
🗝️ Strong Support Level : 24700 (EMA30)
Let's follow your own zentradingstrategy , continue to trade;
When in doubt, sit. Not every candle needs a response.
— Sometimes, the wisest action is non-action.
Be ease at trading!
** Please Boost 🚀, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
Share your trading journey here to encourage the community and friends who pursing the same journey.
This is for educational and reference purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Always perform your own due diligence and consult a licensed financial advisor before making investment
From previous update, HSI uptrend mode is still on track.
Previous POV: Deep retracement had happened. From 25,419 retraced to 24250 (circa 3.23% , 812pts). Check the previous post.
For this week and upcoming; looking at shorter time frame for Long entry.
For intraday, swing trade - look out for entry for swing (using shorter tf to entry), you may use Fibo and other indicator whichever you feel comfortable and confident.
At point of writing ✍️: the HK50 $PEPPERSTONE 4H chart is undecisive.
For aggressive entry, you may take Long position and set SL.
Otherwise you may wait for confirmation (depends on your time frame of trade).
currently on D Chart -
🗝️ Resistance Level : 25060 (the recent Hi)
Support Level : 24,787
Support level 24,612 (EMA30)
🗝️ Strong Support Level : 24,283 (from 24048@30Jul25, Gravity Trend Line)
Macroview - Hong Kong Markets continue to be Bullish.
Higher Hi⛳ marked in D Chart HK50 $PEPPERSTONE
21May2025 -23909
11June2025 -24430
25June2025 -24531
16Jul2025 - 24842
24Jul2025 - 25729
?? ??2025 - 26713 Next Hi
Notice the trend, after the ⛳ , retraced back to Gravity Trend Line area, GMMA squeezing before it spreading out again for bullish trend.
Nothing complicated. Pay attention, set up your SOP. Take your position, setting stop loss and ride on the trend.
This applicable to Long and Short position.
The HSI Index
At point of writing ✍️ Index is being sucked towards to D GravityLine - 24344; it reversed to bullish on 5Aug25.
🗝️ Next Resistance Level : 25115
🗝️ Next Support Level : 24826
🗝️ Strong Support Level : 24700 (EMA30)
Let's follow your own zentradingstrategy , continue to trade;
When in doubt, sit. Not every candle needs a response.
— Sometimes, the wisest action is non-action.
Be ease at trading!
** Please Boost 🚀, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
Share your trading journey here to encourage the community and friends who pursing the same journey.
This is for educational and reference purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Always perform your own due diligence and consult a licensed financial advisor before making investment
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.