Hi dear patrons, hope you are well and welcome to the new trade setup of Theta fuel (TFUEL).
In the previous idea of Tfuel, the pricline hardly hit the sell targets and dropped down.
Now on the 12-hour chart, the price action of Theta has formed a bullish Cypher pattern:
Buy and sell targets:
Buy between: $0.3185 to $0.3016
Sell between: $0.3319 to $0.3640
Stop loss:
Maximum extent of the buying zone $0.3016 can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 20.5% and a loss possibility is 5.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,
In the previous idea of Tfuel, the pricline hardly hit the sell targets and dropped down.
Now on the 12-hour chart, the price action of Theta has formed a bullish Cypher pattern:
Buy and sell targets:
Buy between: $0.3185 to $0.3016
Sell between: $0.3319 to $0.3640
Stop loss:
Maximum extent of the buying zone $0.3016 can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 20.5% and a loss possibility is 5.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,
Trade closed: target reached
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.