Hi dear patrons, hope you are well and welcome to the new trade setup of Venus (XVS)
Now on a weekly time frame chart, XVS has formed a big bullish Butterfly pattern.
Buy and Sell targets:
Buy between: $5.36 to $3.00 (coz here we have strong support and the potential reversal zone is going in a negative territory, which is not possible)
Sell between: $13.36 to $32.72
Stop loss: Below: $3.00
Possible profit and loss ratio: As per the above targets, this trade has a big profit possibility of 990%, and the huge loss possibility is 44% as per the current price.
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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