The Index seems hits the ceiling ;trade cautiously!

Hello everyone, is Friday! Last trading of the week! This week has been a challenging one.

Hope everyone stick to the trading plan.
Trade plan is the same, buy into support and sell at resistance based on your trade tf.

4H Chart HK50
This morning the MACD seems has reversal sign although the GoldenCross form below zero line ,at least showing the end of the bear, monitor to confirm it's not a fake reversal. 🚨


As the D chart showed the Index still out of uptrend channel again as mentioned from previous post, as long as the Index out of the upper trend channel then the pullback is inevitable for the next wave.

However longer tf, it's still bullish which created higher high for thr W Chart. HSI

it would be great if this week could close 24669(last week Hi). But unlikely, what do you think?

Happy trading everyone.

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