}
Hi dear friends, hope you are well, and welcome to the new update on AdEx Network ( ADX ) with Bitcoin pair.
On 4-hour time frame chart, the price action has formed a 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: 0.00002637 to 0.00002436 btc
Sell between: 0.00002796 to 0.00003177 btc
Stop loss:
The maximum extent of potential reversal zone 0.00002436 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 30% and the loss possibility is 8%.
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 me at: