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TRADER-WANNA-BE
Jun 4, 2021 10:14 AM

IMD.ASX_Range Breakout and Retrace Trade_Long Long

IMDEX LIMITEDASX

Description

ENTRY: 2.05
SL: 1.905
TP: 2.51

- 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 with high volume on 26 May 2021 and retraced with lower volume. Showing bullish candle today with high volume.

Trade closed manually

- Closed position at 1.95
- High volume red candle down below RTS today
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