WEB TRAVEL GROUP LIMITED
Long
Updated

WEB.ASX_Range Breakout and Retracement Trade_Long

119
ENTRY: 5.58
SL: 5.30
TP: 6.22

- 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 range on 25 Aug 2021. Retraced with lower volume to resistance-turned-support.
- Buyers coming in on 31 Aug 2021.
Note
- Shift SL:5.70
Trade closed: stop reached
- Hit adjusted SL: 5.89

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