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Pundi X completing bullish Shark for upto 26.5% move

Pundi X completing bullish Shark for upto 26.5% move

Hi, dear friends, hope you are well and welcome to the new update on Pundi X token.

On the 4-hourly chart, the price action of Pundi X is forming the bullish Shark pattern.

snapshot

Buying and sell targets for Shark move:
Buy between: $1.31 to $1.23

Sell between: 1.39 to $1.557

Stop loss:
The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop-loss which is $1.23.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 26.5%, and a loss possibility of up to 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.

Published at Fri, 11 Jun 2021 19:35:01 +0000

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