cosmic_indicators

HSI bull trap by Cosmic Gravity

Short
HSI:HSI   Indice Hang Seng
Both indicators gave mixed signals on the Hang Seng Index 3-day chart so we looked at a higher 1W timeframe for more context. The points outlined in the charts suggest a bearish move and the 3-day chart target is approximated by extrapolating the support channel's bottom. The stop is placed slightly above the support channel (currently the next resistance).

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