THETA formed bullish Gartley | A good long opportunity
Hi dear friends, hope you are well and welcome to the new update on Theta coin.
Previously we had a nice trade of Theta:
Now again on the 12-hr time frame chart, the price action has formed final leg of 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: $12.17 to $11.74
Sell between: $12.51 to $13.32
Stop loss:
The maximum extent of potential reversal zone $11.74 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 13% and the loss possibility is 4%.
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
For more harmonic trading ideas you can join:
https://www.patreon.com/moon333
Link for Binance exchange, the best place to buy or sell Crypto:
https://www.binance.com/?ref=11256882
