HPG.ASX_Retracement Trade_LongENTRY: 3.72
SL: 3.37
TP: 4.27
- ADX<20. Would like to be higher.
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS N/A
- Weekly FFI -ve
- Weekly MACD +ve
- Retraced to 50% fib level each time and seems to react positively at that area.
- 23 Sep, 6 Oct and 18 Oct shows buyers in control with higher average volume on green candles and low volume on retracement.
- 15 Oct looks like volume dry up and 18 Oct break above HVN.
- Descending triangle and looks hopefully would break out in the coming days.
