Firo coin formed bullish Gartley pattern for upto 21% gains
Hi dear patrons, hope you are well and welcome to the new update on Firo with Bitcoin pair.
On a 12-hour time period chart, after the successful formation of the Gartley pattern the price action of the Firo coin has completed another bullish harmonic Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.0001339 to 0.0001266 btc
Sell between: 0.0001397 to 0.0001536 btc
Stop loss:
The maximum extent of potential reversal zone: to 0.0001266 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 21% and the loss possibility is 5.5%.
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 12-hour time period chart, after the successful formation of the Gartley pattern the price action of the Firo coin has completed another bullish harmonic Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.0001339 to 0.0001266 btc
Sell between: 0.0001397 to 0.0001536 btc
Stop loss:
The maximum extent of potential reversal zone: to 0.0001266 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 21% and the loss possibility is 5.5%.
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.