Enzyme (MLN) formed bullish Gartley for upto 80% move
Hi dear patrons, hope you are well and welcome to the new trade setup of Enzyme (MLN) token.
On a 4-hourly time frame, priceline of MLN is forming the final leg of Gartley.
Buy and sell targets:
Buy between: $108.7 to $90.1
Sell between: $134.8 to $162.4
Stop loss:
The maximum extent of buying zone $90.1 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a small profit possibility of up to 80%, and loss possibility is only 18%, therefore it is a very low risk and high reward trade setup.
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
On a 4-hourly time frame, priceline of MLN is forming the final leg of Gartley.
Buy and sell targets:
Buy between: $108.7 to $90.1
Sell between: $134.8 to $162.4
Stop loss:
The maximum extent of buying zone $90.1 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a small profit possibility of up to 80%, and loss possibility is only 18%, therefore it is a very low risk and high reward trade setup.
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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