CN50 is showing sign of bullshneswhile in the correction phase , a bullish harami candle is formed which is a sign of upside movement.
take entry on breaking the high of red candle
China A50 - Breaks and moving towards targetPrice as expected breaks from the pattern and moving towards the target very strong.
Pattern target is matching with Fibonacci target as well.
People trading Chinese market would have went Long at the time of breakout from the pattern.
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Price will reach ATH if breaks resistanceAfter almost 2500 points rally price consolidating for the last three months and reached the resistance levels, if breaks this level then it will make new high. Interestingly price is making W pattern and it is almost going to complete the pattern by touching the ATH levels.
Breakout on cards Price forming a triangle pattern to break upside and reach new highs. It looks strong !!
China A50 short trade. Book profit within 5minBased on PA, actually 1min time frame but Tv doesn't allow 1min for free access user to post it.
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