RIF formed bullish Shark for upto 58% rally
Hi friends, hope you are well and welcome to the new trade setup of RSK Infrastructure Framework (RIF)
Now on a weekly time frame chart, RIF has formed a bullish Shark pattern.
Buying and sell targets:
Buy between: $0.2056 to $0.1784
Sell between: $0.2290 to $0.2825
Stop loss:
The maximum extent of the buying zone $0.1784 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 58%, and the loss possibility is 13.5%..
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
Now on a weekly time frame chart, RIF has formed a bullish Shark pattern.
Buying and sell targets:
Buy between: $0.2056 to $0.1784
Sell between: $0.2290 to $0.2825
Stop loss:
The maximum extent of the buying zone $0.1784 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 58%, and the loss possibility is 13.5%..
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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