SPK.ASX_Bullish Retracement Trade_Long
Updated
ENTRY: 4.824 (average)
SL: 4.69
TP: 4.96
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Breakout on 18 Aug 2022 and retraced to resistance-turned-support (3.04) before rebounding off today.
- Entry today based on breakout and >3% rebound off 10EMA with volume .
SL: 4.69
TP: 4.96
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Breakout on 18 Aug 2022 and retraced to resistance-turned-support (3.04) before rebounding off today.
- Entry today based on breakout and >3% rebound off 10EMA with volume .
Trade closed: stop reached
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