Hi dear members , hope you are well and welcome to the new update on Convex Finance (CVX) with US Dollar pair.
Previously we caught almost 16% pump of CVX as below:
Now on a daily time frame, CVX has completed a bullish AB=CD move for another price reversal.
Buy between: $2.06 to $1.93
Sell between $2.23 to $2.42
Stop loss: $1.93
Possible profit ratio:
As per above targets there is a profit possibility of upto 25% a loss possibility is upto 7%.
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 caught almost 16% pump of CVX as below:
Now on a daily time frame, CVX has completed a bullish AB=CD move for another price reversal.
Buy between: $2.06 to $1.93
Sell between $2.23 to $2.42
Stop loss: $1.93
Possible profit ratio:
As per above targets there is a profit possibility of upto 25% a loss possibility is upto 7%.
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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