CIA.ASX_Breakout Retracement Trade_long

ENTRY: 7.25
SL: 6.68
TP: 7.86

- ADX<20. Would like to be higher.
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned
- Breakout on 22 Mar 2022 from down-trendline and 7.23 resistance.
- Retraced and tested resistance-turn-support and down-trendline with rebound today.
- Would like a higher volume rebound today.

Comment:

- Closed 50% position @7.87
- Shift SL: 7.50
- TP: 8.26

Trade closed manually:

- Closed remaining positions at 7.67