Hi dear patrons, hope you are well and welcome to the new trade setup of Enzyme (MLN) token. On a 4-hourly time frame, priceline of MLN is forming the final leg of Gartley.
Buy and sell targets: Buy between: $108.7 to $90.1
Sell between: $134.8 to $162.4
Stop loss: The maximum extent of buying zone $90.1 can be used as stop loss.
Possible profit and loss ratio: As per the above targets, this trade has a small profit possibility of up to 80%, and loss possibility is only 18%, therefore it is a very low risk and high reward trade setup.
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
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.