China Stimulus Exuberance

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Fundamentals & Sentiment

HK50:
- Stimulus package
- Home sales increased

USD, HKD:
- Risk: Strong NFP might put pressure on equities but it's quite ambiguous in the case of Chinese equities

Technical & Other

Risk: quite stretched

• Setup: TC(B)
  
• Setup timeframe: 4h
  
• Trigger: 1h
  
• Medium-term: Up
  
• Long-term: Up
  
• Min target: 24000
  
• Stop loss: 1.52%
  
• Position size: 0.5R
  

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أغلقت الصفقة: تم الوصول لوقف الخسارة

-1R; What was I thinking trusting price action before Mainland China comes back after holidays?