TradeWithParas

ITW Bull flag formation

Long
BATS:ITW   Illinois Tool Works Inc.
Reasons for bullish bias:
- Price forming a potential bull flag
- Entry is at breakout of pole for further confirmation
- HH breakout will also add confluence
- TP till projection

Entry Level (Buy Stop): 264.22
Stop Loss Level: 249.49
Take Profit Level 1: 278.95
Take Profit Level 2: 293.68
Take Profit Level 3: 300.56
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