Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
connie.....the technical rebound is about to be completed....impulsive bearish trend on the horizon...shld know what to sapued lor hehehe!!
Posted by connie > Mar 8, 2018 11:00 AM | Report Abuse
5min of hsi looks like an ascending triangle in the making ... so, let's see if price can break this pattern or not to soar higher ! if we see price consolidates tightly (sideways) around the resistance level (ie upper line of the ascending triangle), then quite likely the build-up will be able to break thru' the pattern
hawk .. price goes back below the 1H DTL ... maybe big boys want to give us a double-bottom now ... if they are wicked, press price lower (but not too low) than last swing low to create another panic selling and then push price up again aka THE BEAR TRAP :)
hawk ... my ew is kelam-kabut now !! but i look at daily, there is still a possibility that wave B rally is still in progress no ? of course, this can only be confirmed by the daily DTL
cybergreen ... let's have a look at daily then cuz intra-day charts are full of noises yes ? :) 1) the daily downtrendline is important ... if u want a legit short, not a bad idea to wait for price to reach this line and then watch out price action ... a price rejection candle aka bearish pin will give u a clue ?
2) there is a small ascending triangle (hope u can see !) ... so, we want to see if price breaks up or down from the triangle .. UP price will test the downtrendline as in point 1 and then we see what happens .. DOWN means the previous swing low shall be tested
candles getting smaller (reduced volatility) on daily due to this triangle pattern !
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Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/