#NIO - USA - so exciting opportunity ,

#NIO time frame 1 DAY

Created bullish Gartley pattern , in addition there is anther bullish Gartley pattern will be done if prices reached to stop loss of the first pattern ( so exciting ) .

First bullish Gartley pattern as follow :
Entry level 4.14 to 3.90 ,
Stop loss 3.65 ( estimated loss -12.36% ),
First target at 5.25 ( estimated profit around 26.40% ),
Second target 6.17 ( estimated profit around 48% ),
Third target 6.84 ( estimated profit around 64% ),

Second bullish Gartley pattern is assumption ,it's not done yet .pattern in yellow
So if prices reached to 3.65 ( stop loss of first Gartley pattern ) the numbers will be as follow :

Entry level 3.65 ,
Stop loss 3.20 ( estimated loss -12% ),
First target at 4.31 ( estimated profit around 19% ),
Second target 4.71 ( estimated profit around 29.85% ),
Third target 5.00 ( estimated profit around 37% ),

IN ADDETION , if prices didn't close under 3.65 the fist bullish Gartley pattern still Active !!

There is positive diversion on MACD , that may support our idea .

NOTE : this data according to time frame I DAY.

Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing.
Thanks and good luck.