Hong Kong Index Charting | Bearish Trend May Continue | AmiBrokerAcademy.com

April 9, 2018 

 

 

 

Hong Kong Stock Chart Analysis

^HSI Hong Kong Hang Seng Index and Fibonacci Swing High to Low

Manage your risk! Study Hong Kong Hang Seng Index using Fibonacci, swing high to low. You will find the index after reach the peak in 2018, HSI pullback and rebounce again. From the swing high to low from the peak, you will see HSI bounce up to get resisted by 61% and get resisted twice.

We say again from swing high to low Fibonacci Retracement, you see the price action resisted by 61.8%, and resisted twice.A

Again, manage your risk.

 

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them.

April 6, 2018 Hong Kong Hang Seng Index and Fibo Swing High to Low

 

^HSI Hang Seng Index and Bearish Trend

Study the chart, study price action, when the price action close below 78%, the bearish trend will continue. Manage your risk. But do remember, all setup can fail.

 

April 6, 2018 Hang Seng Index and Bearish Trend

 

 

 

Moses China Stock Chart Analysis

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.