}
Hey dear friends, hope you are well and welcome to the new update on Theta Fuel (TFUEL).
Yesterday we had a good trading opportunity by TFUEL.
Now on the 6-hour chart, the price action of TFUEL has completed the final leg of the bullish BAT pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Buy between: $0.3992 to $0.3928
Sell between: $0.4146 to $0.4377
Stop loss:
The maximum extent of potential reversal zone $0.3928 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 11% and the loss possibility is 2%.
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 trading ideas you can join