moon333
Long

BANDUSDT formed bullish BAT | Upto 44% expected

BINANCE:BANDUSDT   BAND / TetherUS
In my previous post of BAND with US dollar pair we have seen that on short term hourly based chart the BAND formed bullish Cypher pattern and as per prediction the priceline took a powerful bullish divergence from buying zone and produced more than 10% profit on this very short term chart.

Formation of new BAT pattern:
Now again on short term 6 hour chart the price action of BAND has formed bullish harmonic BAT pattern and entered in potential reversal zone.

Buying And Sell Targets:

The buying and sell targets according to harmonic BAT pattern should be:

Buy between: $0.8835 to $0.8309
Sell between: $1.0088 to $1.1982

Stop Loss:
The potential reversal zone area that is up to $0.8309 can be used as stop loss in case of complete candle stick closes below this level.

Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 44% and as per above mentioned stop loss, the loss possibility is 6%.

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.

Comments

so you were right! bravo
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out