ING.ASX_CPR Breakdown_Short

ENTRY: 3.34
SL: 3.50
TP: 3.17

- ADX<20. Would like it to be higher.
- RSI>30,RSI<50
- Daily RS +ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD -ve
- Broke down from trendline and ichimoku cloud on 18 Feb 2022.
- Subsequently retraced but doesn't look successful on 22 and 24 Feb 2022, ending with long head.
- Below HVN level currently as well.
- Entry based on breakdown from CPR.

Comment:

- Closed 50% position at 3.17
- Shift SL: 3.24

Comment:

- Next TP: 2.89

Trade closed manually:

- High volume green candle, rebound might be coming
- Closed all position at 3.03