AtillaYurtseven

LEVI long setup (breakout & limit buy) - 1:4 risk reward

Long
NYSE:LEVI   Levi Strauss & Co
Again here's a potential 1:4 long setup. I have 2 profit targets. First one is 1:1.5 and second one is 1:4

LEVI LONG SETUP


1. Entry: $17.45 (buy stop)
2. Entry: $16.97 (buy limit)
Stop loss: $16.53 (54% probability)
1. Target: $18.83 (46% probability)
2. Target: $21.13 (less than 35% probability)
Risk: 2%


Disclaimer: This is not investment or financial advice.

Please remember to follow me on TradingView

Trade safe,
Atilla Yurtseven
Trade active:
Trade executed at 16.97
Comment:
Stopped out. I'm still confident with my target but not planning to trade until i see a new signal. I'm leaving this thread open however i am out with a loss.
Trade active:
I have re-entered this trade. Stoploss is at 15.81
Trade active:
Sold half. In a free trade
Trade active:
Sold another half and moved my stop to BE.
Comment:
I'm expecting a pullback so i am flat by the end of the day. Planning to re-enter if price pullsback enough. I'm keeping this post active.
Trade active:
I have entered again at 18.70

I know Kung-Fu!
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.