NickTheGreatStockTrader

SNXUSD Technical Analysis (Symmetrical Triangle)

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COINBASE:SNXUSD   Synthetix
Introduction
Hello trading-view! I'm making an idea on SNXUSD which I think will go to around 30$. It is just hitting my entry point and has broken out of the upper trend line of the symmetrical triangle.
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Technical Analysis
As I said above, SNXUSD has broken to the upside of it's triangle pattern, and is headed for a 14% increase in price. Here is the rest of the information concerning the trade:

Entry: 26.96264
Stop-loss: 25.97693 (3.82%)
Target: 30.70$ (13.89%)
Risk to Reward: 3.64
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Final thoughts
I hope this trade turns out good, and all my other trade's do as well. Good luck and Great trading everyone! I think this is my last post for the day but who knows? (Links down below to past successful ideas) (Very short post, but I can't think of much else to write at the moment, especially at this hour).

*not financial advice
Trade fechado: stop atingido:
You win some you lose some...the stop-loss hit, and the trade is closed.
Aviso legal

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