Hey guys, I hope everyone of us is good, well it has been a great move from 32xx one now to where we are now at 5k zone. All target achieved as usual been the gospel of 5k zone since few weeks ago.
We completed and what does this pattern mean, its a that has target at 38.2%, 61.8%, 78.6%, 127.2% and finally at 161.8% of the length CD.
According to those target definitions we will our sell targets at
38.2%= 4595$
61.8%= 4138$
78.6%=3788$
127.2%= 2865$
161.8%= 2212$
NOTE: Remember this is just a spotted pattern it did not mean will follow it but this really worth to keep an eyes on.
This Pattern become invalid if manage to close above 5500$.
Moreso, we have a which holding pretty great which top just been tested at 5238$ and with the possible channel definately price may likely look down if failed to break it up and the next target will be 4595$ then finally 4138$.
Please always stay safe.
Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Published at Thu, 04 Apr 2019 05:59:50 +0000
