ZECUSD formed bullish Gartley | Upto 173% bullish move expected
Hi friends hope you are good, This time I have brought another bullish trading idea for you with complete stop loss strategy.
Very big bullish Gartley pattern:
This time on month chart Zcash (ZEC) has formed a very big harmonic Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern and its Fibonacci sequence should be:
Buy between: $57.06 to $38.79
Sell between: $71.44 to $105.97
Stop Loss:
The potential reversal zone area that is up to $38.79 can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 173% and as per above mentioned stop loss, the loss possibility is 32%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Very big bullish Gartley pattern:
This time on month chart Zcash (ZEC) has formed a very big harmonic Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern and its Fibonacci sequence should be:
Buy between: $57.06 to $38.79
Sell between: $71.44 to $105.97
Stop Loss:
The potential reversal zone area that is up to $38.79 can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 173% and as per above mentioned stop loss, the loss possibility is 32%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.