Hi dear patrons, hope you are well and welcome to the new trade setup of Biconomy (BICO) with US Dollar pair. On 12-hr time frame, BICO has formed bullish Cypher pattern.
Buy and sell targets:
Buy between: $1.55 to $1.47
Sell between: $1.65 to $1.76
Stop loss: Below: $1.47
Possible profit ratio: As per the above current price, this trade has a profit possibility of 19.5% and a loss possibility is 5.5%.
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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