NVX.ASX_Retracement Trade_Long

ENTRY: 5.37
SL: 4.77
TP: 7.11

- ADX>20
- RSI<50,RSI>30
- Daily RS +ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Retraced to 61.8% fib level.
- Volume dry up on 13 Oct 2021 and moved up with higher volume today.

Comment:

Shift SL: 5.91

Comment:

- TP 50% position at 7.11
- Shift SL: 6.24

Trade closed: target reached:

- Closed remaining position at 9.35
- Strong trend so monitor for re-entry