Hi dear patrons, hope you are well, and welcome to the new update on Cortex (CTXC). At the moment we are at the start of buying zone and there is a distance of 33% from the stop loss, but i think this trade has the potential to produce a big profit after such a perfect Gartley formation.
On the 2-week time frame chart, CTXC has formed Gartley pattern.
Buy and sell targets: Buy between: $0.2065 to $0.1400
Sell between: $0.4104 to $0.6261
Stop loss: The maximum extent of buying zone to $0.1400 can be used as stop loss.
Possible profit and loss ratio: As per the above targets, this trade has a small profit possibility of up to 340%, and big loss possibility is 33%
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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