Asset and Time frame -PEP,4H daily
Entry Price -133.50
Exit(Stop Loss) -130.84
Exit(Take Profit) -143.24
Technical Analysis -Pepsi has been going down for awhile and now it has reached the daily -61.8 Fibonacci level and closed with a good bullish engulfing candle plus some decent volume, I entered the position risking 0.75% instead of 1% because of the market conditions, stay safe :)!
Good luck
Entry Price -133.50
Exit(Stop Loss) -130.84
Exit(Take Profit) -143.24
Technical Analysis -Pepsi has been going down for awhile and now it has reached the daily -61.8 Fibonacci level and closed with a good bullish engulfing candle plus some decent volume, I entered the position risking 0.75% instead of 1% because of the market conditions, stay safe :)!
Good luck
Trade closed: stop reached
4H Candle closed bearish and turned on the trade
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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.
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.