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
Trade Setup

#SNXUSDT
Total Profit: 21462 pip (246%)
Closed trade(s): 13068 pip Profit (150%)
Open trade(s): 8394 pip Profit (96%)

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%).
TP3 @ 15.700 touched at 2021.09.16 with 6956 pip Profit (80%).
1606 (18%) + 4506 (52%) + 6956 (80%) = 13068 pip (150%)

Open Profit:
Profit for one trade is 10.143(current price) - 8.744(open price) = 1399 pip (16%)
6 trade(s) still open, therefore total profit for open trade(s) is 1399 (16%) x 6 = 8394 pip (96%)

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.

DateOctober 10, 2021 - 10:48
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 5.500, beginning of uptrend is expected.
  • We make sure when the resistance at 15.700 breaks.
  • If the support at 5.500 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 9.240 on 09/21/2021, so more gains to resistance(s) 10.350, 13.250 and maximum to Major Resistance (15.700) 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 45.

Take Profits:

  1. 10.350
  2. 13.250
  3. 15.700
  4. 18.150
  5. 21.400
  6. 24.150
  7. 25.750
  8. 28.850
Click on the level to view price action history.

Symbol Released Current Forecast
Synthetix (SNXUSD) free Sat, 23 Mar 2024
Synthetix (SNXUSD) Sun, 17 Mar 2024
Synthetix (SNXUSD) free Sun, 10 Mar 2024
Synthetix (SNXUSD) free Sun, 3 Mar 2024
Synthetix (SNXUSD) Sat, 24 Feb 2024