Cocos-BCX completed bullish Gartley pattern for upto 38% move
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Hi dear friends, hope you are well and welcome to the new update on Cocos-BCX Token.
Previously we had a good trade of COCOS.
Now on the 2- daily 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: $1.33 to $1.21
Sell between: $1.43 to $1.67
Stop loss:
The maximum extent of the potential reversal zone $1.21 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 38% and the loss possibility is 10%.
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