SNX will turn bearish soon (4H)

Jul 23

SNX seems to have started from where we placed the green arrow on the chart and has formed a Diametric pattern.

This Diametric pattern has been completed, and we expect it to enter a time-consuming bearish pattern.

The best zone for sell/short positions is the highlighted red area.

The targets are marked on the chart. Take some profit at the first target and then move your position to breakeven.

A daily candle close above the invalidation level will invalidate this analysis.

If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.

Do you also think SNX is bullish?

Jul 28

Trade active

The price dropped more than 8% and reached the first target.