Retrospective Trade wars may contribute to the decrease of prices | #C-COTTON 2018-06-18 | IFCM Hong Kong
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Retrospective of Technical Analysis #C-COTTON From 2018-06-18

Trade wars may contribute to the decrease of prices

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Sell stop88
Take profit73
Return on Investment +17%
Overview date 2018-06-18
Date of the closing position from 2019-02-21 to 2019-03-01

The chart shows the real change of quotations after the publication of technical analysis on 2018-06-18. 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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