AAC.ASX_Bearish Pullback Trade_Short
Updated
ENTRY: 1.705
SL: 1.81
TP1: 1.665
TP2: 1.585
- ADX<25. Would like to be higher.
- Daily RS -ve
- Daily FFI -ve
- Weekly RS +ve
- Weekly FFI -ve
- Moving averages are aligned.
- Price breakdown from uptrend line on 20 Sep 2022 and rejected it on 26 Sep 2022 where it also breakdown from 200EMA.
- Entry based on today from pullback and rejection of support-turn-resistance area (1.76) and 200EMA.
SL: 1.81
TP1: 1.665
TP2: 1.585
- ADX<25. Would like to be higher.
- Daily RS -ve
- Daily FFI -ve
- Weekly RS +ve
- Weekly FFI -ve
- Moving averages are aligned.
- Price breakdown from uptrend line on 20 Sep 2022 and rejected it on 26 Sep 2022 where it also breakdown from 200EMA.
- Entry based on today from pullback and rejection of support-turn-resistance area (1.76) and 200EMA.
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.