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
NKE
Comment:
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.
Appears to be wave 1 both daily and weekly. Also complies with all fractals in both.
Comment:
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.
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.