COF.ASX_Bearish Pullback Trade_Short

ENTRY: 1.58
SL: 1.65
TP: 1.375

- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Stoch RSI dipping down.
- First breakdown on 2 Aug 2022
- Second breakdown on 7 Sep 2022 with retracement to near 10EMA and support-turn-resistance area (1.625).
- Entry based on today >3% rebound off 10EMA but would like volume to be higher.

Trade fermée manuellement:

- Closed position at 1.49
- Today looks like indicating a reversal