TRADER-WANNA-BE

YAL.ASX_Retracement Trade_Long

Long
TRADER-WANNA-BE Updated   
ASX:YAL   YANCOAL AUSTRALIA LIMITED
ENTRY: 2.99
SL: 2.75
TP1: 3.58
TP2: 4.23

- 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 range on 13 Jan 2022 with good volume.
- Retracement thereafter, and today shows volume dry up.
- Looking for it to break 3.07 for further uptrend movement.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.