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TRADER-WANNA-BE

RHP.ASX_Range Breakout Trade_Long

Long
TRADER-WANNA-BE Updated   
ASX:RHP   None
Trend Analysis Cup And Handle Technical Indicators RHP ASX
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trendanalysis cupandhandle indicator rhp asx
ENTRY: 2.06
SL: 1.875
TP1: 2.19
TP2: 2.35

- 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 of cup and handle on 25 Jun 2021 with good volume
Comment:
- Take 40% partial at 2.50
- Shift SL: 2.30
Trade closed manually:
Closed remaining position at 2.52
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