HSI approaching resistance, potential drop!

٨ أبريل ٢٠١٩

HSI is approaching our first resistance at 30025.0 (horizontal pullback resistance, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27903.0 (38.2% Fibonacci retracement, 1008% Fibonacci extension, horizontal pullback support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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