Morning Post (2017-7-17)
HSF is gradually approaching 2015 structure area (Near HSI 26500), so there is still room for profit on the top. Keep in mind that if it breaks previous short term structure support, you may need a trailing stop on your previous positions. Meanwhile, a trend trading strategy would be applicable to this market.
Trading Tips:
1. Look for a BO near current level
2. Enter with confirmation near previous structure support (Green Zone).
HSF is gradually approaching 2015 structure area (Near HSI 26500), so there is still room for profit on the top. Keep in mind that if it breaks previous short term structure support, you may need a trailing stop on your previous positions. Meanwhile, a trend trading strategy would be applicable to this market.
Trading Tips:
1. Look for a BO near current level
2. Enter with confirmation near previous structure support (Green Zone).