Hong Kong 33
Pembelian

HK33 remains mixed and volatile.

HK33HKD - 24h expiration

Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Trend line support is located at 16530.
Preferred trade is to buy on dips.
Trading within a Corrective Channel formation.
Risk/Reward would be poor to call a buy from current levels.
50 4hour EMA is at 16720.

We look to Buy at 16700 (stop at 16540)
Our profit targets will be 17100 and 17180

Resistance: 17000 / 17054 / 17150
Support: 16800 / 16700 / 16600

Risk Disclaimer

The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.

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HKhk33HONG KONG 33hk33longhkexhs50Support and Resistance

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