BVS.ASX_Breakout and Retracement Trade_Long Long

BRAVURA SOLUTIONS LIMITED.ASX

Description

⋅ Jul 28, 2021 6:28 AM

ENTRY: 3.35
SL: 3.08
TP1: 3.50
TP2: 3.73

- 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 downtrend since Apr 2021 indicating trend reversal and retraced from high (3.85)
- Possible hidden buying on 28 Jun 2021 (long tail wick with high volume) and 19 to 21 Jul 2021 (small trading range with high volume)
- Breakout of HVN and 10MA with high volume today

Comment

⋅ Aug 11, 2021 1:32 AM

- Target TP2 now with decent price action
- Shift SL: 353

Comment

⋅ Aug 11, 2021 5:47 AM

- Took 60% partial at 3.85
- New TP: 4.03-4.23

Trade closed: stop reached

⋅ Aug 19, 2021 1:11 AM

- Hit adjusted SL: 3.72