Unifi Protocol DAO UNFI formed Gartley for upto 19.5% move
Hi dear patrons, hope you are well and welcome to the new update on Unifi Protocol DAO (UNFI) with US Dollar pair.
Previously we had a good trade of UNFI with USD pair:
Now again on daily time frame chart, the price action has formed final leg of 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: $26.67 to $25.31
Sell between: $27.74 to $30.32
Stop loss:
The maximum extent of potential reversal zone $25.31 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 19.5% and the loss possibility is 5.5%.
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 good trade of UNFI with USD pair:
Now again on daily time frame chart, the price action has formed final leg of 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: $26.67 to $25.31
Sell between: $27.74 to $30.32
Stop loss:
The maximum extent of potential reversal zone $25.31 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 19.5% and the loss possibility is 5.5%.
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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