HSI1!HSI1! 03 May 2021 Week
Weekly = Bullish, Daily = Pending, H4 and below = Bearish
Market was within the 29252 - 28440 range
Market currently is oversold as it went below the channel at the moment.
Market may attempt to return to the channel
Scenario:
Acceptance into channel price may try 29200
Rejection: the green zones may be the price target.
Have a good trading week ahead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.