PLS.ASX_Bullish Retracement Trade_Long

ENTRY: 3.27
SL: 2.98
TP1: 3.53
TP2: 3.71

- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI -ve
- Moving averages are aligned.
- Breakout on 11 Aug 2022 and retraced to resistance-turned-support (3.04) before rebounding off with bullish engulfing candle yesterday.
- Entry today based on breakout and >3% rebound off 10EMA with volume .

Trade closed: stop reached:

- Hit adjusted SL: 3.40