The China ( Shanghai A50) is an index based on A-shares which are companies registered in China.
There have been big stories covered on the revivial of China sotck market earlier this year and since then a strong month to month trend has emerged.
I look to rejoin this smooth trend and look to the usual price pattern of a bullflag for fresh entries.
There were several things which I saw that suggested strong upside move.
All these things put together inspired a lot of confidence in this trade.
I grade this as A trade also because of the way SL can be clearly defined.
The crux will be getting to be filled by a good price.