Once 27710 is done/hit there may be(or may not depend on currencies-pairs) -100 time wasting-sideway,getting to hit next HIGH of 27855-27900 gap by NY open 22.00 tonite.....
leg-dipping is 60mins candles..... In 5mins Candles,you will instead see a step-like going downstair starting 11.50 27695...12.00 27655.....13.10 27633.....13.15 27605 then rebound now 27680.......
"........Inverted HNS breakout objective would be 28006, which nearly is the next gap ( created 13/08) area and likely destination.
So BARRING a sudden depreciation of USD/CNY (say 6.85 to 6.88?) & SSEC at opening, tomorrow tue & wed should be another Long/Call-days, to peak thurs opening.... 1000 apologies. 21/08/2018 02:27....."
Boost Seems like not easy to break HSI 10MA resistance line... 21/08/2018 13:51
You shud look at it the opposite way (not reistance---above) but support line (below)
eg : in 15mins Candleschart, Bollinger bands-trading way, MM sideway HOLDING HORIZONTALLY at 27655 for says >10 candles, has the effect of PULLING UP THE MA20 from 27500 to 27640 (MA20 up 150pts) to be kissed,hugged,embraced by the MM prices. In technical terms , ONCE COPULATIONS completed, it will ROCKET shoot up to the NEXT HIGH......
This is important technical stuff,u want earn,u learn!!!
You can see SSEC & HSI CASH oredy touching and holding hands......(in 15Mins) by MM lowering /bending down ...they are ready earlier than futures.....the futures's MM acting like a incompetent (aka impotent), distance still 20 pts below....
Notwithstanding, once SSEC & HSI perform the SHOOT-OUT, futures cannot be behind.....
If you calculate the number of 15mins (candl) sticks the HK MM used for the whole purpose of the GAP-Filling its 17 now, i predict it to be total around 20X15= 300mins=5(trading)hrs since 10.45am
There is technical purpose here too for this manipulation!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ngwt
2,097 posts
Posted by ngwt > 2018-08-21 11:04 | Report Abuse
Please HOLD ON dive first, i'm still awaiting to short upon touch 27720 ... ^^