Obviously there is short setup however there is increasing chance of false breakdown after a big down move without meaningful bounce.
Updated 2nd Feb:
HSI did a false breakdown on monday and proceed to breakout. Strange, breakout should be bullish bias but broad market red.
Filled buy order on retracement.
Updated 15th Feb:
Did not hit 21000 tp. What weak market, sellers leading all way.
Filled half at first major resistance. Filled half at entry price.