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MishaSuvorov
Jan 19, 2024 6:42 PM

PEP Conservative Trend Trade Long Long

Pepsico, Inc.NASDAQ

Description

Conservative Trend Trade 2R
+ long balance
+ 1/2 correction
+ support level
+ biggest volume Sp

Calculated affordable virtual stop
(if price will hit SL level, I'll move TP to break even
and if it will not activate, will HODL
and receive dividends till it recovers)

1 to 2 R/R take profit

Monthly context
+ long balance
+ ICE level
+ support level
+ biggest volume 2Sp-
+ test

Trade closed manually

Closed at166.89 for microprofit
- price hit my virtual stop loss
- there's no volume in Sp on hourly chart
- there's no volume in Sp on daily chart.

Will re-enter if price form biggest volume Spring on any of the chart.
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