Short

WPL.ASX_Range Breakout and Retrace Trade_Short

Updated
ENTRY: 21.99
SL: 22.90
TP1: 20.94
TP2: 19.80

- ADX>20
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD -ve
- Breakout with good volume on 21 May 2021 and retraced with low volume
Trade closed: stop reached
ASXTechnical IndicatorsTrend AnalysisWPL

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