StormX (STMX) formed bullish Gartley for upto 61.5% rally
Hi dear patrons, hope you are well and welcome to the new update on StormX (STMX) token.
On the daily time frame chart, the price action has formed the final leg of the 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: $0.0651 to $0.0557
Sell between: $0.0725 to $0.0902
Stop loss:
The maximum extent of potential reversal zone $0.0557 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 61.5% and the loss possibility is 15%.
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 the daily time frame chart, the price action has formed the final leg of the 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: $0.0651 to $0.0557
Sell between: $0.0725 to $0.0902
Stop loss:
The maximum extent of potential reversal zone $0.0557 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 61.5% and the loss possibility is 15%.
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.