A2M.ASX_Breakout Trade_Short

ENTRY: 7.65
SL: 8.10
TP1: 7.17
TP2: 6.33

- ADX>25
- RSI<35
- RS and FFI -ve
- Weekly MACD -ve
- Breakdown with decent volume on 21 Apr 2021

Trade active:

- Close 60% position at 7.00
- Shift SL: 7.65

Trade closed: target reached:

- Closed remaining at 7.05
- High volume green candle. Might indicate reversal coming.
- If it moves up and hits the downtrend line, and reverses down again. Potential to short. Continue to monitor till then.