Hi dear friends, hope you are well and welcome to the new update on Cocos-BCX Token.
Previously we had a good trade of COCOS.
https://www.tradingview.com/chart/COCOSUSDT/zNY24MzI-Cocos-BCX-token-completed-bullish-Gartley-pattern/
Now on the 2- daily time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
https://www.tradingview.com/chart/COCOSUSDT/ECDxzXP6-Cocos-BCX-completed-bullish-Gartley-pattern-for-upto-38-move/
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $1.33 to $1.21
Sell between: $1.43 to $1.67
Stop loss:
The maximum extent of the potential reversal zone $1.21 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 38% and the loss possibility is 10%.
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.
For more harmonic trading ideas you can join:
https://www.patreon.com/moon333
Link for BINANCE exchange, the best place to buy or sell Crypto:
https://www.binance.com/?ref=11256882
