Hi dear patrons, hope you are well and welcome to the new update on Tellor (TRB) token with Bitcoin pair.
On the 12-hour time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.001193 to 0.001076 btc
Sell between: 0.001286 to 0.001508 btc
Stop loss:
The maximum extent of potential reversal zone 0.001076 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 40% 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.
On the 12-hour time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.001193 to 0.001076 btc
Sell between: 0.001286 to 0.001508 btc
Stop loss:
The maximum extent of potential reversal zone 0.001076 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 40% 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.
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.