BRL.ASX_Bullish Breakout Trade_Long
Updated
ENTRY: 1.350
SL: 1.200
TP1: 1.485
TP2: 1.605
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned
- Brokeout previously on 14 Apr 2022 and 2 May 2022 with volume/
- Entry based breakout today and on >2% rebound off 10EMA with volume
SL: 1.200
TP1: 1.485
TP2: 1.605
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned
- Brokeout previously on 14 Apr 2022 and 2 May 2022 with volume/
- Entry based breakout today and on >2% rebound off 10EMA with volume
Trade closed manually
- Closed position at 1.450- 27-28 May 2022 bearish engulfing candle and 2 Jun 2022 high volume doji
- Looks like unable to break 1.485
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