Nike
Long

Long NKE above 139.36

By ownsov
Updated
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
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.
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.
alligatorindicatorBill Williams IndicatorsTechnical Indicators
ownsov

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