On the hour chart the trend started on June 1 (linear regression channel).
There is a high probability of profit. A possible take profit level is 111.70
But do not forget about SL = 102.72
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
NKE has perfectly completed cup and handle pattern and has started to go higher. Perfect time to long in my opinion.
I have mentioned my entry, stoploss and take profit levels.
You can share your thoughts, give suggestion or ask any questions in the comments.
Welcome to our Weekly V2-Trade Setup ( NKE ) !
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4 HOUR
Bullish closure.
DAILY
Nice price action in most timeframes.
WEEKLY
Expecting more bullish pa
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STOCK SETUP
BUY NKE
ENTRY LEVEL @ 158.24
SL @ 149.98
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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