USDHKD LONG - Buy Entry - H4 ChartUSDHKD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: USDHKD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 7.82777
TP - Resistance @ 7.82250
Support @ 7.81570
Usdhkdanalysis
Short USDHKD - small SL at 2HShort USDHKD - small SL at 2H. Quick Trend breaking probability of good targets.
USD/HKD (U.S. DOLLAR/HONG KONG DOLLAR US) LONG SET UPONLY UP FROM HERE
BUY USD/HKD
ASSET: EXOTIC
Timeframe-3M
ENTRY 1- 7.75300 & ENTRY 2- 7.75000
SL 7.74590
TP.1 7.76130
TP.2 7.78830
TP.3 7.82130
USD/HKD LONG TERM SWING SET UP(U.S. DOLLAR/HONG KONG DOLLAR US)ONLY UP FROM HERE
BUY USD/HKD
ASSET: EXOTIC
Timeframe- 6 week
ENTRY 1 7.75230
ENTRY 2 7.74930
SL 7.74590
TP.1 7.76130
TP.2 7.78830
TP.3 7.82130
The most simple swing/position trade of all time.USDHKD FX:USDHKD has been acting the same since 2007, it is currently at the same bottom which has been a turning point since 2007 as well. Technically speaking this should be a turning point once again. I'm considering starting 10K account and risk 50% of my capital to avoid a margin call if it decides to break it's all time low which it has never done before.
I need more opinions on this trade, is there anyone who's sitting on some fundamental information regarding HKD?
USD/HKD LONG SET UP BUY USD/HKD
ASSET: EXOTIC
Timeframe- 2 week
ENTRY 1 7.75130
ENTRY 2 7.74830
SL 7.74590
TP.1 7.76130
TP.2 7.78830
TP.3 7.82130
U.S. DOLLAR / HONG KONG DOLLAR (USDHKD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
U.S. DOLLAR / HONG KONG DOLLAR (USDHKD) WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
U.S. DOLLAR / HONG KONG DOLLAR (USDHKD) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
Another potencial trade to start the week. Short at 7.75621 Stop Loss 7.76182 Take Profit 7.75341, for a nice profit of at least 21 pips!
USDHKD reversed from resistance, potential drop!
USDHKD reversed off its resistance at 7.8269 where it could potentially drop further to 7.8153.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDHKD formed a bearish BAT pattern | A good short opportunityPriceline of US Dollar / Hong Kong Dollar forex pair has formed a bearish BAT pattern and entered in potential reversal zone.
MACD turned weak bullish from strong bullish.
Stochastic has given bear cross.
I have used Fibonacci sequence to set the targets.
The long position can be taken between 0.382 to 0.786 Fibonacci projection of A to D leg coz we have a strong support of 200 SMA withing that zone however soon i will post a buy back plan soon insha Allah.
Sell between: 7.83560 to 7.84230
Enjoy your profits and regards,
Atif Akbar (moon333)
USD/HKD Short ScenarioPossible scenario. Watching for bearish break of trendline. If so, would watch for price to reach key level as noted in the market, which also happens to land at 61.8% fib level. For educational and demonstration purposes only. Trade at your own risk.
Only One Way To GoThe Value of this currency pair is at an all-time high. A level that has never been breached and exhibits an unnaturally potent downward force on price. Buying at this level would most likely turn out to be a giant mistake. As such, selling is the only option. Wait for RSI crossover and place stop above resistance. If this coincides with spring equinox then a drastic move could occur.
USDHKD (1D): Take Advantage of the PegUSDHKD
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Pegged currency, strongly defended at 7.85 (Limited risk; any break above the 7.85 levels is gonna be a crisis issue)
- Stochastic Overbought momentum
- Not directly related but Double Top Resistance for the DXY, helps support the drop in USD strength
Suggested Trade:
Entry @ Area of Interest 7.8365 - 7.8499
SL: 7.8573
TP: 7.7935
RR: Approx. 2.91 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
