Frontier (FRONT) formed bullish Gartley for upto 52.5% rally
Hi dear patrons, hope you are well and welcome to the new update on Frontier (FRONT) token with Bitcoin pair.
Previously we had a nice trade of FRONT:
Now again on the daily chart, the price action has formed final leg of 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: 0.00004582 to 0.00004009 btc
Sell between: 0.00005031 to 0.00006120 btc
Stop loss:
The maximum extent of potential reversal zone to 0.00004009 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 52.5% and a loss possibility is 13%.
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.
Previously we had a nice trade of FRONT:
Now again on the daily chart, the price action has formed final leg of 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: 0.00004582 to 0.00004009 btc
Sell between: 0.00005031 to 0.00006120 btc
Stop loss:
The maximum extent of potential reversal zone to 0.00004009 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 52.5% and a loss possibility is 13%.
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.