moon333

Pundi X completed Gartley pattern | A good long opportunity

Long
Hi friends hope you are well, and welcome to the new update on Pundi x token.
On a small time frame 4-hour chart, the priceline of NPXS token has completed the final leg of the bullish Garltey and entered the potential reversal zone.

Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:

Potential reversal or buying zone: $0.001865 to $0.001774

Fibonacci projection or sell zone: $0.001936 to $0.002107

Stop loss:
The maximum extent of potential reversal zone: to $0.001774 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility up to 18.5%, and the loss possibility is 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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.