moon333

ZECUSD formed bullish Gartley | Upto 173% bullish move expected

Long
BITFINEX:ZECUSD   Zcash / U.S. Dollar
Hi friends hope you are good, This time I have brought another bullish trading idea for you with complete stop loss strategy.

Very big bullish Gartley pattern:
This time on month chart Zcash (ZEC) has formed a very big harmonic Gartley pattern and entered in potential reversal zone.



Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern and its Fibonacci sequence should be:

Buy between: $57.06 to $38.79

Sell between: $71.44 to $105.97

Stop Loss:
The potential reversal zone area that is up to $38.79 can be used as stop loss in case of complete candle stick opens and closes below this level.

Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 173% and as per above mentioned stop loss, the loss possibility is 32%

Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Atif Akbar

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Comments

Zec pumps right as I sold some, fml !
Reply
AlvaroBR6 non-hop
@non-hop, i think zec can dump to 48 few hours i will buy again there
Reply
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