Is the top in for HSI? Two thought provoking charts of Hang Seng Index
Two charts of Hang Seng Index. First chart is a monthly chart captured yesterday from Investing.com going back to 2007. Second chart is a H4 chart from Axitrader MT4 today. Due to feed differences, corresponding levels on both charts may have different values.
- Pre-Subprime Crisis top back as resistance
- False breaks spotted
- Price action suggests re-test
- 1-2-3-4 pattern
Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.
“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.