HK50 – Pullback Into HTF Order Block | Bullish Continuation Setu
HK50 is showing a strong bullish expansion after breaking higher-timeframe structure. Price is now pulling back into a key higher-timeframe order block zone, which could offer a continuation long opportunity.
Key Levels
Higher-timeframe OB zone: 26,600 – 26,950
Current price area: around 27,170
Upside targets: 27,600 → 27,900 → 28,000
Market Structure
Clear 4H break of structure (BOS) to the upside
Momentum shows strong bullish pressure
Current move appears to be a healthy pullback into demand, not a reversal
Trading Plan
I am watching for price to retrace deeper into the 26,600 – 26,950 order block zone.
If bullish confirmation forms on lower timeframes (M5/M15 higher low + BOS), I will look for long entries.
Entry Idea
Buy on bullish confirmation inside the OB zone
Stop loss: Below 26,600
Take profit 1: 27,600
Take profit 2: 27,900
Extended target: 28,000
Bias: Bullish continuation
Confirmation needed: Yes — waiting for lower timeframe structure shift
Disclaimer:
This analysis is for educational purposes only and reflects personal market observations. It is not financial advice. Always manage your risk and do your own research before taking any trade.