Pullback for Friday. what do you think?Hong Kong 50 IndexPEPPERSTONE:HK50ChenQianYu Hello everyone.... MACD formed deadcross for 1h chart. What's your trade plan? For today and is Friday. Resistance level : 26350 Key support level : 26130 if it break below this level then likely to continue to pull back to fill the gap and back to GravityTrendLine for 4h - 26100 (this level appear again and repeated). The cycle is repeating....history may not be the same but the pattern seems repeating. Suggest to watch out the MACD for 1h chart to coming back down and make a reversal for Long position. For now, it has been confirmed the short position for short-term at least for today. Sellers are stronger. To swing trade within the range between 150pts quite good to trade. Long/Short : 26240-26250 TP/SL: 26200 - 26130 Manage your risk/reward. Happy Trading!