MyNeighborAlice (ALICE) formed Gartley | A good long opportunity
Hi dear patrons, hope you are well and welcome to the new update on MyNeighborAlice (ALICE) token.
On a 2-hour time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $17.28 to $16.63
Sell between: 17.79 to $19.01
Stop loss:
The maximum extent of potential reversal zone to $16.63 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 14% and a loss possibility is 4.
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 a 2-hour time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $17.28 to $16.63
Sell between: 17.79 to $19.01
Stop loss:
The maximum extent of potential reversal zone to $16.63 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 14% and a loss possibility is 4.
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