Hi dear patrons, hope you are well and welcome to the new trade setup of THORChain (RUNE).
Previously we had a nice trade of RUNE:
Now during the current drop, on the weekly time frame chart, RUNE has formed a bullish harmonic Cypher pattern for a big bullish reversal move.
Buy between: $5.87 to $3.01
Sell between: $9.89 to $14.14
Stop loss:
Below $$3.01
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 369%, and a high loss possibility of upto 28% (as per the current price).
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously we had a nice trade of RUNE:
Now during the current drop, on the weekly time frame chart, RUNE has formed a bullish harmonic Cypher pattern for a big bullish reversal move.
Buy between: $5.87 to $3.01
Sell between: $9.89 to $14.14
Stop loss:
Below $$3.01
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 369%, and a high loss possibility of upto 28% (as per the current price).
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.