USDHKD BUY Analysis

23 Nov 2023

I've been following this chart for a while. After having an OVERSOLD signal in the 1D chart, I also received buy signals in the 4H chart and therefore I decided to report this position.

At this moment the position is not open yet, but if it follows the trend, as indicated in the graph (by the blue arrow), I will open the trade as soon as it reaches the indicated price (in the yellow circle).

Naturally, if it were to reverse course and therefore take the wrong path (red arrow), this trade will not open and will be cancelled.

29 Nov 2023

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