Going Long in Johnson & Johnson - JNJHello Traders,
Johnson & Johnson JNJ - NYSE
Buy / Long Trade Plan.
Entry Level @ Above 23.6% FIB level / 4 Hour resistance level with bullish candle @ 178.00
Take Profit 1 @ Below 4 Hour resistance level 180.60
Take Profit 2 @ Below Daily resistance / FIB 0.0% level 182.96
Stop Loss @ Below Daily Support Level @ 176.17
Lot Size :
Portfolio Size 10000$
Risk to Reward 1 : 1
Lot size 216 units @ 5% Risk
TP 1 = Total PIPS in gain = 260 Profit 1.61 %
TP 2 = Total PIPS in gain = 496 Profit 2.92 %
Total PIPS in Stoploss = 183 Loss 0.88 %
Regards.