MIN.ASX_Breakdown Trade_Short

ENTRY: 39.25
SL: 42.49
TP: 36

- ADX>20
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD -ve
- Tried to rebound on 25 Oct 2021 but got rejected the next day at HVN and support turn resistance level.
- Short term downtrend to the next support level still intact with sellers still in control.

Comment:

- Shift SL: 41.73

Trade closed manually:

- Closed position at 41.40
- Trade did not went as planned
- 15 and 18 Nov 2021 shows possible buyers coming in