Travala.com (AVA) Formed Cypher Pattern | Good Long Opportunity
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On the 4-hour frame chart, the price action of AVA has completed the bullish Cypher.
Buying and sell targets:
Buy between: $3.87 to $3.70
Sell between: 4.00 to $4.31
Stop loss:
The maximum extent of the potential reversal zone of $3.70 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 16%, and the loss possibility is 4.5%.
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 the 4-hour frame chart, the price action of AVA has completed the bullish Cypher.
Buying and sell targets:
Buy between: $3.87 to $3.70
Sell between: 4.00 to $4.31
Stop loss:
The maximum extent of the potential reversal zone of $3.70 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 16%, and the loss possibility is 4.5%.
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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