On small time period one hour chart, the price action of Dusk Network (DUSK) is completing final leg of BAT pattern, and soon it will be entered in potential reversal zone.
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Buying And Sell Targets:
The buying and sell targets according to BAT pattern should be:
Potential reversal or buying zone: $0.0486 to $0.0465
Fibonacci projection or sell zone: $0.0535 to $0.0611
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Stop Loss:
The potential reversal zone area that is up to $0.0611 can be used as stop loss in case of complete candlestick closes below this level.
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Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 31.3% and as per the above-mentioned stop loss, the loss possibility is 4.4%.
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.
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