NIC.ASX_Breakout and Retrace Trade_Short
Updated
ENTRY: 1.155
SL: 1.300
TP1: 1.065
TP2: 0.965
- ADX<20
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS N/A
- Weekly FFI -ve
- Weekly MACD -ve
- Breakdown with good volume on 27 Apr 2021
- Retraced with low volume today
SL: 1.300
TP1: 1.065
TP2: 0.965
- ADX<20
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS N/A
- Weekly FFI -ve
- Weekly MACD -ve
- Breakdown with good volume on 27 Apr 2021
- Retraced with low volume today
Trade active
- Hit TP1- Take 50% partial at 1.005
- Shift SL: 1.11
Trade closed: stop reached
Hit adjusted SL: 1.035Disclaimer
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