CWY.ASX_Down Trendline and Retracement Breakout Trade_Long

ENTRY: 2.63
SL: 2.52
TP: 2.87
- 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 19 Aug 2021. Retraced with lower volume after that to HVN.
- Buyers coming in on 27 Aug 2021.
- Would like a better closing today.
SL: 2.52
TP: 2.87
- 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 19 Aug 2021. Retraced with lower volume after that to HVN.
- Buyers coming in on 27 Aug 2021.
- Would like a better closing today.
Trade closed manually
- Closed position at 2.73- 2 days of red bar with high volume
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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.