Hi dear patrons, hope you are well and welcome to the new trade setup of Avalanche (AVAX).
Previously we had a nice trade of AVAX:
Now during the current crash, on the weekly time frame chart, AVAX has formed a bullish harmonic Gartley pattern for a big bullish reversal move.
Buy between: $71.58 to $51.04
Sell between: $100.39 to $130.86
Stop loss:
Below: $51.04.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 156%, and the high loss possibility is 29%, right now 22% coz it is being traded at $65 at the time of writing.
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 AVAX:
Now during the current crash, on the weekly time frame chart, AVAX has formed a bullish harmonic Gartley pattern for a big bullish reversal move.
Buy between: $71.58 to $51.04
Sell between: $100.39 to $130.86
Stop loss:
Below: $51.04.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 156%, and the high loss possibility is 29%, right now 22% coz it is being traded at $65 at the time of writing.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.