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Going Long in Johnson & Johnson - JNJ

Long
NYSE:JNJ   Johnson & Johnson
Hello Traders,

Johnson & Johnson JNJ - NYSE
Buy / Long Trade Plan.

Entry Level @ Above 23.6% FIB level / 4 Hour resistance level with bullish candle @ 178.00
Take Profit 1 @ Below 4 Hour resistance level 180.60
Take Profit 2 @ Below Daily resistance / FIB 0.0% level 182.96

Stop Loss @ Below Daily Support Level @ 176.17

Lot Size :
Portfolio Size 10000$
Risk to Reward 1 : 1
Lot size 216 units @ 5% Risk

TP 1 = Total PIPS in gain = 260 Profit 1.61 %
TP 2 = Total PIPS in gain = 496 Profit 2.92 %

Total PIPS in Stoploss = 183 Loss 0.88 %

Regards.

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