SHV.ASX_Retracement Trade_LongENTRY: 8.30
SL: 7.80
TP: 8.98
- ADX>20
- RSI<50,RSI>30
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Retraced to 38.2 - 50% fib level and HVN area on low volume. Holding well and showing possible buyers in control on 29 Sep 2021 and 5 Oct 2021.
SHV
SHV.ASX_Range Breakout Trade_LongENTRY: 8.12
SL: 7.63
TP1: 8.82
TP2: 9.35
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Ranging since 29 Jul 2021.
- Retraced close to 38.2% Fib level (7.67) with lower volume.
- Breakout with high volume today.
SHV.ASX_Retracement Trade_LongENTRY: 5.39
SL: 6.72
TP: 8.13
- ADX>20. Would like to be higher.
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS -ve
- Weekly FFI +ve
- Weekly MACD +ve
- Broke out range on 13 Jul 2021 with high volume.
- Retraced close to 38.2% Fib level with lower volume.
- Up with high volume today indicating possible buyers coming in again.