Kyber Network (KNC) formed bullish Gartley for upto 11% move
Hi dear patrons, hope you are well and welcome to the new trade setup of Kyber Network (KNC).
Previously we had a nice trade of KNC:
This time on a 4-hr time frame, KNC has formed another bullish Gartley pattern. At the moment, after the completion of final leg the price is slightly up, therefore, we can wait for some correction to catch it from the buying zone.
Buy and sell targets:
Buy between: $3.18 to $3.09
Sell between: $3.31 to $3.44
Stop loss: Below $3.09.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 11% , and a loss possibility is 3%
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 KNC:
This time on a 4-hr time frame, KNC has formed another bullish Gartley pattern. At the moment, after the completion of final leg the price is slightly up, therefore, we can wait for some correction to catch it from the buying zone.
Buy and sell targets:
Buy between: $3.18 to $3.09
Sell between: $3.31 to $3.44
Stop loss: Below $3.09.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 11% , and a loss possibility is 3%
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
Trade closed: target reached