possible entry's for a longtradingview doesnt like that i keep my ideas short n sweet. pretty much usful entrys to long SNX.
There must be a trend on the market to talk about a trend reversal pattern. The share price enters the pattern from above.
Role: Reversal
Expected trend: Bullish
Previous tren: Bearish
Reliability: Moderate
Pattern: Triangle
According to the technical analysis principles, the support line changes into resistance line and resistance line changes into support line. When the price breaks the top horizontal line of the triangle, it will act like a support. Sometimes the share price returns to this line before it would start increasing.
Target price
The basis of the target price calculation is the group of days with large trading volume at the beginning of the pattern.
