Morning Post (2017-7-27)
It looks like HSI is losing its momentum in yesterday's section. In short term, the market may go sideways or even retest previous Key Level Support (near 26,700). However, we still expect the market to remain strong if it BO previous High.
Trading Tips:
Although the market has not shown a clear direction on 15m timeframe, our main strategy is still to focus on Long opportunities as HSI has been strong lately.
1. Look for reversal patterns at current level
2. Look for a consolidation then BO near Prev High
3. Bat completion, In case it retraces back to previous Key Level Support (near 26,700)
It looks like HSI is losing its momentum in yesterday's section. In short term, the market may go sideways or even retest previous Key Level Support (near 26,700). However, we still expect the market to remain strong if it BO previous High.
Trading Tips:
Although the market has not shown a clear direction on 15m timeframe, our main strategy is still to focus on Long opportunities as HSI has been strong lately.
1. Look for reversal patterns at current level
2. Look for a consolidation then BO near Prev High
3. Bat completion, In case it retraces back to previous Key Level Support (near 26,700)