AMP LIMITEDShort
AMP.ASX_Breakout and Retrace_Short
Updated
ENTRY: 1.26
SL: 1.33
TP1: 1.18
TP2: 1.075
- ADX<25. Would like to be higher.
- RSI<40. Would like to be lower.
- RS and FFI -ve.
- MACD -ve.
- MAs aligned.
- Breakout with good volume on 29 Mar 2021 and retraced the next day but got rejected on 6 Apr 2021.
SL: 1.33
TP1: 1.18
TP2: 1.075
- ADX<25. Would like to be higher.
- RSI<40. Would like to be lower.
- RS and FFI -ve.
- MACD -ve.
- MAs aligned.
- Breakout with good volume on 29 Mar 2021 and retraced the next day but got rejected on 6 Apr 2021.
Trade active
- Went pass TP1- Take 50% partial at 1.11
- Shift SL: 1.21
Trade closed: stop reached
- Close position at 1.20
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