HAL breaks 3461.9 down: 10.52% bearish frenzy ahead!
Technical Analysis Highlights:
As discussed in the previous related idea about HAL, there are indications supporting a significant bearish movement.
1. The entry point on the chart occurs when a 16-minute candle closes below 3461.9.
2. I personally implement a trailing stop loss strategy, but feel free to use a stop loss level that you find comfortable.
3. Typically, I adjust my stop loss to break even after booking some profits at the first target, and then patiently wait for the trade to hit the final target.
I hope you find value in my posts. I strive to keep them concise and accessible. If you have any insights, feedback, doubts, or additional information to share, please do so. This creates more learning opportunities for me and enhances our overall understanding.
As discussed in the previous related idea about HAL, there are indications supporting a significant bearish movement.
1. The entry point on the chart occurs when a 16-minute candle closes below 3461.9.
2. I personally implement a trailing stop loss strategy, but feel free to use a stop loss level that you find comfortable.
3. Typically, I adjust my stop loss to break even after booking some profits at the first target, and then patiently wait for the trade to hit the final target.
I hope you find value in my posts. I strive to keep them concise and accessible. If you have any insights, feedback, doubts, or additional information to share, please do so. This creates more learning opportunities for me and enhances our overall understanding.
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