Hi my friends hope you are good, This time I have brought another beneficial trading idea for you with complete stop loss strategy.
Very big bullish Gartley pattern:
This time on 2 month chart EOS has formed a very big harmonic Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern and its Fibonacci sequence should be:
Buy between: $4.26 to $3.06
Sell between: $5.20 to $7.45
Stop Loss:
The potential reversal zone area that is up to $3.06 can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 143% and as per above mentioned stop loss, the loss possibility is 28%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Very big bullish Gartley pattern:
This time on 2 month chart EOS has formed a very big harmonic Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern and its Fibonacci sequence should be:
Buy between: $4.26 to $3.06
Sell between: $5.20 to $7.45
Stop Loss:
The potential reversal zone area that is up to $3.06 can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 143% and as per above mentioned stop loss, the loss possibility is 28%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
