HSI | a new downtrend has started

  • HSI was running a ascending wedge
  • the false breakout of four resistances confleunce resulted a selloff today
  • the golden timing to entry a short position was last Wednesday as I had mentioned
  • now I will the take half of the profit by the end of today
  • and move the stop loss to entry level for breakeven
  • also wait for a pullback (expected in this week) to add positions
falsebreakoutpriceactionSupport and ResistanceTrend LinesWedge

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