HSI2302 (Hang Seng Index - Feb 2023)
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avatarwimpy
2023-02-28

HSI potential for bullish continuation

Looking at the H4 chart, my overall bias for$Hang Seng Index - Feb 2023(HSI2302)$ Bullishdue to the current price being above theIchimoku cloud, indicating abullishmarket.Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at 22700.85, where the recent high is.Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment
HSI potential for bullish continuation