TRADER-WANNA-BE

NWH.ASX_Range Breakout and Retrace Trade_Short

Short
TRADER-WANNA-BE Updated   
ASX:NWH   NRW HOLDINGS LIMITED
ENTRY: 1.740
SL: 1.920
TP: 1.555

- ADX>20
- RSI<50, RSI<30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD -ve
- Breakout from range and descending triangle with decent volume on 4 May 2021
Trade active:
- Hit TP
- Next TP: 1.40
- Take 50% partial at 1.54
- Shift SL: 1.74
Trade closed manually:
- Closed position at 1.62
- Looks like reversal going to happen
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