COB.ASX_Breakout Trade_Long

ENTRY: 0.870
SL: 0.755
TP1: 0.955
TP2: 1.070

- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI -ve
- Moving averages are aligned.
- Retracing since ATH in Apr 2022.
- Consolidating between 14 Jun to 21 Jul 2022 near 200EMA before breakout from range with volume.
- Entry today based on breakout and >3% rebound off 10EMA with volume.

Trade closed: stop reached:

- Hit adjusted SL: 0.905