TRADER-WANNA-BE

ASX.ASX_Range Breakout and Retrace Trade_Long

Long
ASX:ASX   ASX LIMITED
ENTRY: 73.62
SL: 71.29
TP: 76.69

- ADX<20
- RSI>50, RSI<70
- Daily RS -ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS -ve
- Weekly FFI +ve
- Weekly MACD +ve
- MA aligned
- Breakout with good volume on 14 May 2021 and retraced with low volume
Trade closed manually: - Hit TP on 28 May 2021
- Closed position at 75.55
- Wait for retracement to around 74 for possible re-entry
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