Sleeping alligator both in daily and weekly charts. Same entry fractal at 139.36. If price surpasses that point, going long with reverse pyramiding (1-5-4-3-2) for every signal.
NKE
NKENote
Opening today at close as long as price does not cross the Balance Line (red) downwards.Trade active
Bought 5 contracts as entry position @ 152.72.Appears to be wave 1 both daily and weekly. Also complies with all fractals in both.
Note
NKE printed a weekly bearish divergent bar at last week's close.Price is still above the daily Balance Line. If it closes below it, I will close the position for a small win.
If price is below the weekly divergent bar low by friday, I will also close the position, for a potentially larger win.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.