Not every run is a marathon— it needs pit stop! Hong Kong 50 IndexPEPPERSTONE:HK50ChenQianYuHello everyone! Here you go...now come with this news 📰 Market Chatter: China Plans 400-Billion-Yuan Capital Injection for Banks -- 💰💰💰? https://www.tradingview.com/news/mtnewswires.com:20250226:G2473062:0/ Look at the HSI D Chart - posted 25Feb2025 - posted 26Feb2025 - posted 27Feb2025 at point of writing; the index seems doing quite well since open this morning, trying to stay above the support level 💣💣💣23500 (and strong level of 23000 which is the 10MA level, if break below this level the Index bullrun end, but it's unlikely as it has been retest 3 times) Trading volume: https://finance.yahoo.com/quote/%5EHSI/history/?frequency=1d Date Volume Feb 27, 2025 Feb 26, 2025 5,138,100,000 Feb 25, 2025 4,449,800,000 Feb 24, 2025 5,264,600,000 Monthly Feb 1 2025 - 81,125,400,000 Jan 1 2025 - 52,385,800,000 Dec 1 2024 - 56,349,200,000 Avg past 3 months : 63.28Bn ; current month Feb volume > 3 mnths avg Look at the 4H chart HK50 The last Oct Hi @ 23241 has been broken hence retracement is not a surprised! Now, what's next? This is tough question 🙋 - Next level that we are looking at to break and steadily staying above this level - 23525, 23990, 24101, 24385 🚨if it breaks below 23454-23500 (& not rebound) it could go down ⬇ 👇 to 23250-23175 🗝️ support level : 23500, 23175, 22741 t MACD - last marked WAS deadcross and curving down as marked in YELLOW. After 8 bars-it reversed as marked in GREEN. KDJ - Now reversed turned into bearish red zone. BB - continue moving above the mid line of BB, this morning touches the mid-line; so be cautious 🚨🚨🚨 Today Trade Plan: 23454-24050 Buy into support : 23454 -23550 (TP :23600-23775) Sell at resistance : 23800-24050 (TP : 23525-23454) Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Pay attention to the Goldencross/DeadCross; practice makes perfect. Let's follow our own strategy and zen with 📙 and 🍵. Happy Trading everyone! 🎯: start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point. 🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. 2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know. 2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost... 2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more. 3067 ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea or need help! *