ENTRY: 3.35
SL: 3.08
TP1: 3.50
TP2: 3.73
- 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 downtrend since Apr 2021 indicating trend reversal and retraced from high (3.85)
- Possible hidden buying on 28 Jun 2021 (long tail wick with high volume) and 19 to 21 Jul 2021 (small trading range with high volume)
- Breakout of HVN and 10MA with high volume today
SL: 3.08
TP1: 3.50
TP2: 3.73
- 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 downtrend since Apr 2021 indicating trend reversal and retraced from high (3.85)
- Possible hidden buying on 28 Jun 2021 (long tail wick with high volume) and 19 to 21 Jul 2021 (small trading range with high volume)
- Breakout of HVN and 10MA with high volume today
Note
- Target TP2 now with decent price action- Shift SL: 353
Note
- Took 60% partial at 3.85- New TP: 4.03-4.23
Trade closed: stop reached
- Hit adjusted SL: 3.72
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.