Fortive Corporation
Long
Updated

FTV, 2024-06-27

56
Context:

  • Weekly - Support zone @ 73.20/70.84
  • Daily - Trend line break; Retracement back to "First Red"
  • 1h - CHOCH; Gap as entry/stop range (2x ATR as buffer)


---

  • Main Target - Weekly Resistance @ 76.67
  • Breakeven stop @ 74.50
  • 2/3s out @ 75.03 (Fin ext. 0.414)


---

Expected RR (at full) 4.32
Note
Breakeven marker hit @ 74.50; Stops moved to breakeven.
Trade closed: stop reached
Breakeven stop @ 74.50

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.