Hey guys! Anyone else eyeing $HSI(^HSI.IN)?
I'm seeing prices abiding to my descending trendline and going on a strong bearish momentum. Looking to get in at the sell entry @ 8203.95 in line with 38.2% Fibonacci retracement and also horizontal overlap. Probably going to short to 7698.10 in line with 78.6% Fibonacci retracement and 127.2% Fibonacci extension have my stop loss at 8390.79 in line with 61.8% Fibonacci retracement.
Entry: 8203.95
Take Profit: 7698.10
Stop Loss: 8390.79
What do yáll think?
$HSI 5xShortSG230420(CXQW.SI)
$HSI 7xLongSG230215(CUDW.SI)
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