LLC.ASX_Bearish Pullback Trade_Short
Updated
ENTRY: 7.45
SL: 7.78
TP: 6.91
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FF -ve
- Moving averages are aligned.
- Breakdown on 2 Dec 2022 before retracing to support-turn-resistance area (7.53) and today appears to be rejecting it.
- Entry based on today rejection of support-turn-resistance area.
SL: 7.78
TP: 6.91
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FF -ve
- Moving averages are aligned.
- Breakdown on 2 Dec 2022 before retracing to support-turn-resistance area (7.53) and today appears to be rejecting it.
- Entry based on today rejection of support-turn-resistance area.
Trade closed: stop reached
- Hit adjusted SL: 7.35 (breakeven)Disclaimer
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