HK33HKD Retrace Expected
(A Long then Short plan if you dare) otherwise wait it out and follow the trend.
Seems like the 1st intra-wave of the bigger 5th wave down has rejected the previously drawn Support on our charts (temporarily). *Link to previous chart is attached.
Could it be the start of a retrace (ie wave 2)?
If it is, a good entry for a further short at 23,580 level area (in line with Fib50 and some resistance areas)
A further entry could be at the FIB61.8 area (blue and green lines) which lie stronger resistances including the POC levels.
Expecting the downward intra-wave 3 of the larger 5th wave to Hit our previous TP1 target as it now is in confluence with FIB ext 161.8.
** Of course this is only assuming that a retrace happens from here!!
Seems like the 1st intra-wave of the bigger 5th wave down has rejected the previously drawn Support on our charts (temporarily). *Link to previous chart is attached.
Could it be the start of a retrace (ie wave 2)?
If it is, a good entry for a further short at 23,580 level area (in line with Fib50 and some resistance areas)
A further entry could be at the FIB61.8 area (blue and green lines) which lie stronger resistances including the POC levels.
Expecting the downward intra-wave 3 of the larger 5th wave to Hit our previous TP1 target as it now is in confluence with FIB ext 161.8.
** Of course this is only assuming that a retrace happens from here!!
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.