Stellar (XLM) formed bullish Gartley for upto 97.5% rally
Hey dear patrons, hope you are well and welcome to the new trade setup of Stellar ( XLM )
Previously we had a nice trade of XLM
Now on a weekly time frame, XLM has formed a bullish Gartley pattern. Right now after completing the leg priceline is moved slightly above the buying zone, therefore, we can wait for a correction to buy it from the potential reversal zone.
Buy between: $0.2485 to $0.1985
Sell between: $0.3186 to $0.3927
Stop loss: Below $0.1985
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 97.5% and a loss possibility of 21%.
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
Previously we had a nice trade of XLM
Now on a weekly time frame, XLM has formed a bullish Gartley pattern. Right now after completing the leg priceline is moved slightly above the buying zone, therefore, we can wait for a correction to buy it from the potential reversal zone.
Buy between: $0.2485 to $0.1985
Sell between: $0.3186 to $0.3927
Stop loss: Below $0.1985
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 97.5% and a loss possibility of 21%.
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