Hi dear friends, hope you are well and welcome to the new update on Cocos-BCX.
On the daily chart , the price action of Cocos-BCX is completing the harmonic Garltey pattern and soon it will be entered the potential reversal zone. There is also 25 SMA support in buying zone and the 50 simple moving average support below the potential reversal zone.
Possible profit and loss ratio:
This trade has a huge profit possibility up to 285%, and the loss possibility is 44%.
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 the trade.
On the daily chart , the price action of Cocos-BCX is completing the harmonic Garltey pattern and soon it will be entered the potential reversal zone. There is also 25 SMA support in buying zone and the 50 simple moving average support below the potential reversal zone.
Possible profit and loss ratio:
This trade has a huge profit possibility up to 285%, and the loss possibility is 44%.
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 the trade.