howard11594

Weekly Analysis - Hk50

PEPPERSTONE:HK50   Hong Kong 50 Index
March has been a slow and low volume month. Looking for a weekly chart, we are ranging between 16773 and 16334. There is no clear sign of break thru to the upper or lower side.

For this month trade idea, I will set the range between 16127 and 17101. Once the daily start to close firmly above or below these two level, depends on the candle structure, we can then safely go for buy or sell, until then, I will stay out.
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