Retrospective Deteriorating Hong Kong data bearish for HK50 | HK50 2020-09-11 | IFCM Iran
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Retrospective of Technical Analysis HK50 From 2020-09-11

Deteriorating Hong Kong data bearish for HK50

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Sell stop24193.4
Take profit23580
Return on Investment +2.5%
Overview date 2020-09-11
Date of the closing position2020-09-30

The chart shows the real change of quotations after the publication of technical analysis on 2020-09-11. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

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