TAKE PROFIT UPDATE: Hong Kong 50 – Cup and Handle Target REACHEDHong Kong 50TRADENATIONSB:HK50TimonrossoTextbook setup right? Cup and Handle pattern formed perfectly, price stayed above both the 20MA and 200MA, and our target at 26,944 was smashed 💥 This is exactly why we trust the structure — not the noise. While everyone else was panicking on short pullbacks, we stayed focused on the bigger picture: trend continuation. Now that the target’s been hit, expect profit-taking and a possible retest near the 25,000–25,300 zone before the next leg up. The lesson? 👉 Trade the plan, not your emotions. 👉 When a setup works, don’t get greedy — bank, review, and move on. 👉 Consistency > excitement. Every. Single. Time. 💪 🇨🇳 Policy Boost: China’s stimulus measures continue to support Hong Kong’s financial markets. 🏦 Liquidity Push: The PBOC is keeping liquidity conditions loose, helping equities rise. 📈 Tech Rebound: Hong Kong’s heavy tech exposure benefits from global risk-on sentiment. 💵 Dollar Softness: A slightly weaker USD gives Asian equities breathing space. 🧘 Market Psychology: Patience pays — this rally rewarded disciplined traders who stuck to the chart instead of chasing noise. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.