Stellar Lumens XLM formed a Gartley for another price reversal
Hi dear members, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Previously I shared a long-term trade setup for XLM, which is still in play:
Now On a 4-hr time frame, XLM has formed a bullish Gartley move for another price reversal.
Buy between: $0.1039 to $0.1023
Sell between: $0.1061 to $0.1085
Stop loss: Below $0.1023
Possible profit ratio:
As per above targets there is a profit possibility of upto 6% and a loss possibility is upto 1.80%.(Despite it is a very small profit margin trade, but sometimes after the price reversal from potential reversal zone of harmonic pattern the priceline pumps well, therefore, I have shared this price reversal move with you.)
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 I shared a long-term trade setup for XLM, which is still in play:
Now On a 4-hr time frame, XLM has formed a bullish Gartley move for another price reversal.
Buy between: $0.1039 to $0.1023
Sell between: $0.1061 to $0.1085
Stop loss: Below $0.1023
Possible profit ratio:
As per above targets there is a profit possibility of upto 6% and a loss possibility is upto 1.80%.(Despite it is a very small profit margin trade, but sometimes after the price reversal from potential reversal zone of harmonic pattern the priceline pumps well, therefore, I have shared this price reversal move with you.)
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.