Buying and sell targets for Shark move:
Buy between: $48371 to $45444
Sell between: $50924 to $56719
The maximum extent of the potential reversal zone to $45444 can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 24.5%, however, due to the re-test of weekly EMA21 the move can be even bigger, and a loss possibility up to 6.5%.
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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