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SasikumarMani

Hang Seng _ Wedge Pattern forming, Target 1_(20694), T2_(29000)

Long
Indice Hang Seng (HSI:HSI)  
SasikumarMani  
HSI:HSI   Indice Hang Seng
Trend Analysis Chart Patterns Wave Analysis hangsengindex Hang Seng HSI hangsengsignals patterntrading breakouttrading buysellsignal hongkongindex hongkongstocks Contains image
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trendanalysis chartpattern waveanalysis hangsengindex hsi hangsengsignals patterntrading breakouttrading buysellsignal hongkongindex hongkongstocks containsimage
Long Term Analysis : "Wedge Pattern" forming in "Hang Seng" and down trendline is "Breakout". So market move to Bullish Trend, wait for if Retest or Trend Continuation. And the 1st Target is 0.5 Fibonacci Retracement price (20694), 2nd Target is Wedge Pattern Top is 29000.

After Reach the Wedge Pattern Top (29000) expect Breakout the Pattern.

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SasikumarMani
Symmetrical Triangle Pattern Formed & Target
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