Long
Unifi Protocol DAO formed bullish Gartley | upto 31% expected
Hi dear patrons, hope you are well and welcome to the new update on Unifi Protocol DAO (UNFI) token.
On daily time frame chart, the price action has formed the final leg of the 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: $25.53 to $23.54
Sell between: $27.09 to $30.86
Stop loss:
The maximum extent of the potential reversal zone $23.54 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 31% 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
On daily time frame chart, the price action has formed the final leg of the 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: $25.53 to $23.54
Sell between: $27.09 to $30.86
Stop loss:
The maximum extent of the potential reversal zone $23.54 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 31% 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
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