PPH.ASX_Range Breakout_Long
Updated
ENTRY: 1.73
SL: 1.62
TP: 1.92
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Breakout of down trendline and HVN with high volume on 24 Aug 2021.
- Retraced with lower volume and tested down trendline a few times.
- Breakout of range with high volume today.
SL: 1.62
TP: 1.92
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Breakout of down trendline and HVN with high volume on 24 Aug 2021.
- Retraced with lower volume and tested down trendline a few times.
- Breakout of range with high volume today.
Trade closed manually
- Closed position at 1.80- Didn't like the high volume red candle today
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