TFUEL formed bullish Shark for upto 53% move
Hi dear friends, hope you are well and welcome to the new update on Theta fuel (TFUEL).
Tfuel is holding a nice trendline support:
At the same time the price action of TFUEL on daily time frame chart has formed a bullish harmonic Shark pattern as well.
Buying and sell targets:
Buy between: $0.4281 to $0.3808
Sell between: $0.4790 to $0.5829
Stop loss:
The maximum extent of potential reversal zone $0.3808 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 53% and a loss possibility is 11.5%.
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
Tfuel is holding a nice trendline support:
Buying and sell targets:
Buy between: $0.4281 to $0.3808
Sell between: $0.4790 to $0.5829
Stop loss:
The maximum extent of potential reversal zone $0.3808 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 53% and a loss possibility is 11.5%.
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
Trade closed: target reached