CETTIRE LIMITED
Long
Updated

CTT.ASX_Breakout and Retracement Trade_Long

195
ENTRY: 2.24
SL: 1.91
TP1: 2.46
TP2: 2.91

- 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
- Possible hidden buying between 28 to 30 Jun 2021
- Possible COC with above average volume yesterday
- Decent follow-up movement today above yesterday closing
Note
- Shift SL: 2.40
- Moving up with increasing volume
- Target TP2
Trade closed manually
- Closed position at 2.45
- Expecting a retracement to about 2.32 zone or the uptrend line and monitor price action from there on for possible reentry

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