Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Optimism (OP) formed bullish BAT | A good buy opportunity
OP / TetherUS
Long
Optimism (OP) formed bullish BAT | A good buy opportunity
By moon333
Follow
Follow
Dec 3, 2022
0
Dec 3, 2022
Hi dear members, hope you are well and welcome to the new trade setup of Optimism (OP) with US Dollar pair.
Previously we priceline of OP moved slightly down than PRZ level, however, then pumped well.
Now on a 2-hr time frame, OP has formed a bullish BAT pattern.
Buy between: $1.04 to $1.03
Sell between: $1.08 to $1.12
Stop loss: Below $1.03
Possible profit ratio:
As per above targets there is a profit possibility of upto 8.50% and a loss possibility is upto 1.50%.
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
Bat
Fibonacci
optimism
moon333
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.