On a daily chart, the price action of Pundi X is completing the final leg of bullish harmonic BAT pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $0.0001460 to $0.0001379
Sell between: $0.0001654 to $0.0001948
Stop Loss:
The potential reversal zone area that is up to $0.0001379 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 41% and as per above-mentioned stop loss, the loss possibility is 5.6%.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $0.0001460 to $0.0001379
Sell between: $0.0001654 to $0.0001948
Stop Loss:
The potential reversal zone area that is up to $0.0001379 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 41% and as per above-mentioned stop loss, the loss possibility is 5.6%.
