ADH.ASX_Bearish Pullback Trade_Short

ENTRY: 2.24
SL: 2.42
TP: 2.09-2.11

- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Breakdown on 20 May 2022 with a pullback to support-turn-resistance area (2.40) before moving down again.
- Entry based on today >3% rebound off 10EMA with volume.

Comment:

- Shift SL: 2.18

Comment:

- Take 50% partial profit at 1.805
- Shift SL: 2.16

Trade closed manually:

- Closed position at 1.92