BINANCE:SNXUSDT - Watch out for rising wedge
Updated
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Description
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+ A clear rising wedge pattern formed in SNX
+ Current price is at the resistance level trying to breakout the resistance, which is less likely to happen
+ Our entry plan is around 3.8 when price breaks down the support line.
+ We can expect the reversal of the price in next 2days.
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Signal
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VectorAlgo Trade Details
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Entry Price: 3.8
Stop Loss: 4.149
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Targets 1: 3.776
Targets 2: 3.555
Targets 3: 3.285
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Timeframe:
Capital: 1-2% of trading capital
Leverage: 5-10x
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Note: This is a short trade in the bull market, so it's a high risk trade.
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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
Description
------------------------------------------------------------------------------------------
+ A clear rising wedge pattern formed in SNX
+ Current price is at the resistance level trying to breakout the resistance, which is less likely to happen
+ Our entry plan is around 3.8 when price breaks down the support line.
+ We can expect the reversal of the price in next 2days.
------------------------------------------------------------------------------------------
Signal
------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 3.8
Stop Loss: 4.149
------------------------------
Targets 1: 3.776
Targets 2: 3.555
Targets 3: 3.285
------------------------------
Timeframe:
Capital: 1-2% of trading capital
Leverage: 5-10x
------------------------------------------------------------------------------------------
Note: This is a short trade in the bull market, so it's a high risk trade.
------------------------------------------------------------------------------------------
Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
Trade closed: target reached
Target 2 reached 💰💰💰💰💰
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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