ICXUSDT formed bullish Gartley | Upto 44.2% expected

10 Ara 2020

On daily chart, the price action of ICON (ICX) has completed the final leg of Gartley pattern and entered in potential reversal zone.


Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:

Potential reversal or buying zone: $0.3893 to $0.3475
Fibonacci projection or sell zone: $ 0.4222 to $ 0.5014

Stop Loss:
The potential reversal zone area that is up to $0.3475 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 44.2% and as per the above-mentioned stop loss, the loss possibility is 11%.

Note: Above idea is for educational purpose only.

15 Ara 2020

İşlem kapandı: hedefe ulaştı