MTLUSDT formed bullish Gartley | A good long opportunity
Previous Harmonic Move:
Previously I have posted chart where the price action of Metal token had formed big bullish Cypher on weekly chart. And at that time the price action was moving in the potential reversal zone of this harmonic pattern. And at that time I was expecting soon it will move up from this buying zone. And finally it took powerfull bullish move and produced more than 64% profit.
Another harmonic move:
Now this time on very short term 2 hour based chart the price action of MTL has formed another bullish harmonic pattern and this time it is bullish Gartley. And this is another awesome opportunity to earn more profit.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $0.2789 to $0.2763
Sell between: $0.2810 to $0.2861
Stop Loss:
The potential reversal zone area which is up to $0.2763 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea, I will be keep posting more trading ideas.
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.
Previously I have posted chart where the price action of Metal token had formed big bullish Cypher on weekly chart. And at that time the price action was moving in the potential reversal zone of this harmonic pattern. And at that time I was expecting soon it will move up from this buying zone. And finally it took powerfull bullish move and produced more than 64% profit.
Another harmonic move:
Now this time on very short term 2 hour based chart the price action of MTL has formed another bullish harmonic pattern and this time it is bullish Gartley. And this is another awesome opportunity to earn more profit.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $0.2789 to $0.2763
Sell between: $0.2810 to $0.2861
Stop Loss:
The potential reversal zone area which is up to $0.2763 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea, I will be keep posting more trading ideas.
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.
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