HK33HKD OANDA Sell coming up

2020年4月28日

Elliot corrective wave 4 seems to look like a bearish pennant in the making.

Price move for wave 5 could be in confluence with Fib50 /Fib 61.8 retracement and some major resistance.

Big move downwards should nearing.

TP1 can be placed at previous lows (at (3))

2020年5月15日

交易進行

Head and shoulders has shown up in the daily time frame for more downward confirmation.
Those not in the trade have 2000+pips to TP1 (21000) near March lows.
Those using R:R still have about 1:2 to TP1.

TP2 will be at next strong resistance near 19000 (See chart).