On the weekly time frame chart, the price action of Orchid has formed a big bullish Shark pattern.
Buying and sell targets:
Buy between: $0.2632 to $0.1193 (at $0.21 we have strong support therefore, we should max buy at this level rather than upto $0.1193)
Sell between: $0.4600 to $0.8203
Stop loss:
At $0.21 we have strong support therefore, we should use this level as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility up to 290% and a loss possibility is up to 21%.
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
Buying and sell targets:
Buy between: $0.2632 to $0.1193 (at $0.21 we have strong support therefore, we should max buy at this level rather than upto $0.1193)
Sell between: $0.4600 to $0.8203
Stop loss:
At $0.21 we have strong support therefore, we should use this level as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility up to 290% and a loss possibility is up to 21%.
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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.