}
Hi dear patrons, hope you are well and welcome to the new update on the Cocos-BCX token.
On a 4-hour time period chart the price action of the BCX token has completed the formation of another bullish harmonic Gartley pattern .
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $1.36 to $1.29
Sell between: $1.41 to $1.53
Stop loss:
The maximum extent of potential reversal zone: $1.29 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 18% 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.