Nike - disillusionment after downgrade...
Nike started ewak after the latest downgrade.
In the today's opening range about 54. 00 USD is a considerable horizontal support in the form of the present annual low and the longterm trend channel`s bottom edge.
If Nike can defend the longterm trend and reenter it, a shortterm buying Signal can apear.
Prices below 52.85$ can cause the next downwave.
In the today's opening range about 54. 00 USD is a considerable horizontal support in the form of the present annual low and the longterm trend channel`s bottom edge.
If Nike can defend the longterm trend and reenter it, a shortterm buying Signal can apear.
Prices below 52.85$ can cause the next downwave.
Trade active
illustrated Long Position opened - nike reentered the longterm uptrend again....let`s seeTrade closed: stop reached
Trade active
shortside triggeredTrade closed: stop reached
Trade active
again triggered the longside..next fictive example-longposition openedNote
reached tp1/tp2/tp3Trade closed: target reached
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