PEP (PepsiCo) Buy TF H4 TP = 174.07

On the H4 chart the trend started on October 13 (linear regression channel).

There is a high probability of profit taking. Possible take profit level is 174.07

But we should not forget about SL = 155.61

Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!

Good luck!
Regards, WeBelieveInTrading