ATEC.NAS_Bearish Breakdown Trade_Short

ENTRY: 6.94
SL: 7.97
TP1: 5.75
TP2: 4.58

- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Stoch RSI breakdown 70 and pointing downwards.
- First breakdown on 9 May 2022 followed by retracement to support-turn-resistance area, and price moved down further obeying the 10EMA.
- Entry based on breakdown and >3% rebound off 10EMA with volume.

Trade closed manually:

- Closed at 7.24
- Looks like potential reversal