Remain long with #NQ100 | 31 Marzo 2023

#HSI weekly

Remain long with #NQ100

Technical observation

#HSI has been trading with an increasing bearish bias for several weeks and this week I anticipate a further momentum to the lower side. If you sold this index within the resistance zone 22713-22263, I recommend you remain in the trade with your take profit at 14752 and stop-loss at 25328. My expectation is a further surge to the lower side in case of a penetration below the level 14752, however, if #HSI is not sustained below the zone 22713-22263 but clearly breaks above it with a big green candle, I anticipate bullish movements towards the resistance level 30210 after a correction to the broken zone and a bounce within it.

Trade recommendation

Remain short with your take profit at 14752.

#NQ100 weekly

Remain long with #NQ100

Technical observation

#NQ100 retraced to the supportive zone 10455.3-10689.3 but did not break below it, instead it bounced within the same zone and since then it has been trading with an increasing bullish bias. This week I expect a further surge to the upper side and in case you are already holding bullish positions, I recommend that you remain in the trade with your take profit at 16752.1 and stop-loss at 9033.2. If there is a clear break above the level 16752.1, I expect the value of this index to rally further to the upper side. On the weekly chart above, I can only recommend bearish positions in case of a break below the zone 10455.3-10689.3.

Trade recommendation

Remain long with your take profit at 16752.1.

#Brent weekly

Remain long with #NQ100

Technical observation

On the chart above, the value of #Brent bounced within the resistance zone 89.08-86.78 and since then it has been trading with an increasing bearish bias. If you picked short positions within the zone I have indicated above, I recommend you remain in the trade with your take profit at 46.07 and stop-loss at 101.35, in case of a clear penetration below the level 46.07 with a big red candle, wait for a correction to the broken line and a bounced at it before you continue short with this commodity towards the supportive level 19.15. On the chart above, I can only recommend bullish positions above the zone 89.08-86.78.

Trade recommendation

Remain short with your take profit at 46.07.

Imelda Maseno
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:


Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus