CSL.ASX_Bullish Breakout Trade_Long

ENTRY: 299.20
SL: 285.64
TP: 317.82

- ADX<25. Would like to be higher.
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Breakout of consolidation area on 6 Jul 2022 before going into another consolidation range.
- Recovered well on 17 Aug 2022 after earnings indicating possible buyers still in play.
- Entry today based on breakout and rebound off 10EMA and 20EMA with volume. Would like the rebound to be >3%.

Trade closed: stop reached