Hi dear patrons, hope you are well and welcome to the new trade setup of Venus (XVS)
Now on a weekly time frame chart, XVS has formed a big bullish Butterfly pattern.
Buy and Sell targets:
Buy between: $5.36 to $3.00 (coz here we have strong support and the potential reversal zone is going in a negative territory, which is not possible)
Sell between: $13.36 to $32.72
Stop loss: Below: $3.00
Possible profit and loss ratio: As per the above targets, this trade has a big profit possibility of 990%, and the huge loss possibility is 44% as per the current price.
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.