Fantom (FTM) formed Gartley pattern for upto 37.5% profit move
This idea has been shared as private with complete targets on tradingview, I am also sharing the private chart's link for you but if you like to share with your friends then you can. If you face any problem accessing the chart then do let me know. Thanks
Hi dear patrons, hope you are well and welcome to the new update on Fantom coin.
As on the daily time frame chart, the priceline of FTM has completed the formation of a 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: $0.4816 to $0.4369
Sell between: $0.5168 to $0.6014
Stop loss:
The maximum extent of potential reversal zone: $0.4369 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 37.5% and the loss possibility is 10%.
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
Hi dear patrons, hope you are well and welcome to the new update on Fantom coin.
As on the daily time frame chart, the priceline of FTM has completed the formation of a 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: $0.4816 to $0.4369
Sell between: $0.5168 to $0.6014
Stop loss:
The maximum extent of potential reversal zone: $0.4369 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 37.5% and the loss possibility is 10%.
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