website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Synthetix technical chart
Symbol SNXUSD

Download MT4 template file

Trade Setup

#SNXUSDT
Total Profit: 26251 pip (301%)
Closed trade(s): 6112 pip Profit (70%)
Open trade(s): 20139 pip Profit (231%)

Trade Setup:
We opened 9 BUY trade(s) @ 8.744 based on 'Valley' entry method at 2021.07.23.

Closed Profit:
TP1 @ 10.350 touched at 2021.07.26 with 1606 pip Profit (18%).
TP2 @ 13.250 touched at 2021.08.15 with 4506 pip Profit (52%).
1606 (18%) + 4506 (52%) = 6112 pip (70%)

Open Profit:
Profit for one trade is 11.621(current price) - 8.744(open price) = 2877 pip (33%)
7 trade(s) still open, therefore total profit for open trade(s) is 2877 (33%) x 7 = 20139 pip (231%)

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
DateAugust 29, 2021 - 08:37
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 7.050 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A peak is formed in daily chart at 14.54 on 08/21/2021, so more losses to support(s) 10.35, 8.50, 7.70 and minimum to Major Support (7.05) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 50.

Take Profits:

  1. 10.35
  2. 13.25
  3. 15.70
  4. 18.15
  5. 21.40
  6. 24.15
  7. 25.75
  8. 28.85
Click on the level to view price action history.
Symbol Released Current Forecast
Synthetix (SNXUSD) Sat, 13 Apr 2024
Synthetix (SNXUSD) Sat, 6 Apr 2024
Synthetix (SNXUSD) free Sun, 31 Mar 2024
Synthetix (SNXUSD) free Sat, 23 Mar 2024
Synthetix (SNXUSD) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on SNXUSD.