TRADER-WANNA-BE

AWC.ASX_Range Breakout Trade and Retrace_Short

Short
TRADER-WANNA-BE Updated   
ASX:AWC   ALUMINA LIMITED
ENTRY: 1.595
SL: 1.690
TP1: 1.510
TP2: 1.435

- ADX<20
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD -ve
- Broke out from triangle on 16 Jun 2021.
- Retraced and rejected trendline on 28 Jun 2021.
- Possible hidden selling on 2 Jul 2021.
- Breakout with good volume on 7 Jul 2021.
Trade closed: stop reached:
- Hit adjusted SL: 1.63
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