CTT.ASX_Retracement Trade_Long
Updated
ENTRY: 3.55
SL: 2.82
TP: 4.00
- ADX<20. Would like to be higher.
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS N/A
- Weekly FFI +ve
- Weekly MACD -ve
- Retraced since 17 Sep 2021 with lower volume to 50% fib. level.
- 13 Oct 2021 shows high volume with doji indicating buyers might be coming back in.
- 22 Oct 2021 shows another sign of buyers coming back in.
- Today shows possible volume dry up after a selling candle yesterday.
SL: 2.82
TP: 4.00
- ADX<20. Would like to be higher.
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS N/A
- Weekly FFI +ve
- Weekly MACD -ve
- Retraced since 17 Sep 2021 with lower volume to 50% fib. level.
- 13 Oct 2021 shows high volume with doji indicating buyers might be coming back in.
- 22 Oct 2021 shows another sign of buyers coming back in.
- Today shows possible volume dry up after a selling candle yesterday.
Note
ENTRY: 3.35 (typo)Note
- Take 50% partial at 4.06.- Shift SL: 3.65
Note
- Shift SL: 3.75Trade closed manually
Closed remaining positions at 4.45
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