Hong Kong 50 Indexמעודכן HK50 Wave Analysis
The following is a wave analysis of HK50 from the recent swing low of 10th March 2022.
We can see price move off a Double Bottom around 19100 and reach a high at 22300.
This uptrend can be classified into 6 waves - from start to finish of V, I,N,I,N,N.
The downtrend had commenced on the 9th of June , and price can be seen to have developed 3 waves - V , I , N.
The Kihon Suchi time periods seem to reflect nicely the wave durations - 9,17,42.
If the downtrend were to continue and see a complete reversal of this index to the prior swing low, then maybe a mirrored price, wave and time interval could be suggested.
A fourth wave as an I wave down would complete a possible H&S pattern. This is the wave structure that is presently been watched for.
We can see price move off a Double Bottom around 19100 and reach a high at 22300.
This uptrend can be classified into 6 waves - from start to finish of V, I,N,I,N,N.
The downtrend had commenced on the 9th of June , and price can be seen to have developed 3 waves - V , I , N.
The Kihon Suchi time periods seem to reflect nicely the wave durations - 9,17,42.
If the downtrend were to continue and see a complete reversal of this index to the prior swing low, then maybe a mirrored price, wave and time interval could be suggested.
A fourth wave as an I wave down would complete a possible H&S pattern. This is the wave structure that is presently been watched for.
הערה
Price is starting to make a move down on the small time frames.
הערה
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.