Too early to arrive at the party!

há 3 dias

Sharing my trading idea and experience for HHKG33

From previous post, the 1H chart has been bullish.

I have taken the profit and thereafter trying to find re-entry position.

However, without checking the shorter time frame 30m, 15m it turns bearish for the shorter time frame. Re-entered at 22500. As you can see from the chart. It's is a big Ouchhh! 😂

Well, was looking at the longer time frame of 4H chart & D chart showing the index continues to be bullish. (Question to myself: But on hindsight - isn't the longer tf chart based from the shorter tf movement?) Hmmmm.....well let's see.

But this could cause the short position opportunities. Nonetheless, the party is there and I guess just have to wait little longer and hope it won't be too longer. This is going to eat into trading cost for the daily finance charge. :)

Wish the party continue! (with the recent stimulus news and action)
While waiting, let's zen with 📖 🍵
Good luck everyone!

anteontem

Trade fechado: objetivo atingido

oh yay! my neck still looks fine comparing to girrafe 🦒! 😉
Take small partial profit (to maintain the margin at healthy level). And continue to monitor the 1H chart reversal to see if it's strong.

Looking at another strong resistance level : 22716
If it's breakout looking to TP at : 23000

While waiting, let's continue zen with 📖 🍵