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moon333
11. Dez. 2020 14:12

NPXSUSDT another bullish reversal pattern is formed Long

Beschreibung

On daily time period chart, the price action of Pundi X (NPXS) is completing final leg of bullish BAT and soon it will be reached in potential reversal zone.

Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of BAT pattern should be as below:

Potential reversal or buying zone: $0.0001734 to $0.0001676

Sell or Fibonacci projection zone: $0.0001870 to $0.0002078

Stop Loss:
The potential reversal zone area that is up to $0.0001676 can be used as stop loss in case of complete candlestick closes below this level.

Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 23.9% and as per the above-mentioned stop loss, the loss possibility is 3.4%.

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.
Kommentare
Adytars
Do you it can correct so to allow us a good re-entry/buying zone? thx
Adytars
@Adytars, I meant: Do you think it could correct soon to allow us for a good re-entry/buying zone? thx.
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