Wabi formed big bullish Gartley for upto 181% move
Updated
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On the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buy and sell targets:
Buy between: 0.00000800 to 0.00000535 btc
Sell between:0.00001008 to 0.00001508 btc
Stop loss:
The maximum extent of potential reversal zone 0.00000535 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 181%, and the high loss possibility is 33%, however at this time the risk is low as the price action is already at the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buy and sell targets:
Buy between: 0.00000800 to 0.00000535 btc
Sell between:0.00001008 to 0.00001508 btc
Stop loss:
The maximum extent of potential reversal zone 0.00000535 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 181%, and the high loss possibility is 33%, however at this time the risk is low as the price action is already at the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trade closed: target reached
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