Hi dear patrons, hope you are well and welcome to the new trade setup of API3 token with US Dollar pair.
On a daily time frame API3 has formed bullish Gartley pattern.
Buy and sell targets:
Buy between: $4.62 to $3.23
Sell between: $6.58 to $8.66
Stop loss: Below $3.23
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 168% , and a loss possibility is 30%, (there is also a support at $3.9, therefore, in order to minimize the loss ratio we can also use this level as stop loss as well).
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 a daily time frame API3 has formed bullish Gartley pattern.
Buy and sell targets:
Buy between: $4.62 to $3.23
Sell between: $6.58 to $8.66
Stop loss: Below $3.23
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 168% , and a loss possibility is 30%, (there is also a support at $3.9, therefore, in order to minimize the loss ratio we can also use this level as stop loss as well).
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