Hello everyone,
The markets are slightly ruffled lately and there is an opportunity to short HS50 on Monday.
Trend:
W1: Up
D1: Down
H4: Down
Moving Average:
Below the Daily MA
H4 pointing downwards
Pattern:
Gartley on M15
Strong resistance at 16450.
Target is 16000
Double top on H1 and lots of divergence
Stop loss of 40 pips and a target of 120.
The markets are slightly ruffled lately and there is an opportunity to short HS50 on Monday.
Trend:
W1: Up
D1: Down
H4: Down
Moving Average:
Below the Daily MA
H4 pointing downwards
Pattern:
Gartley on M15
Strong resistance at 16450.
Target is 16000
Double top on H1 and lots of divergence
Stop loss of 40 pips and a target of 120.
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.
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.