Let's trade Synthetix again, it is looking bullish after that breakout.
Current Price= 19.662
Buy Entry= 19.708 - 19.058
Take Profit= 21.699 | 23.472 | 25.599
Stop Loss= 17.599
Risk/Reward= 1:1.3 | 1:2.23 | 1:3.48
Expected Profit= +23.90% | +42.20% | +64.14%
Possible Loss= -18.40%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
Current Price= 19.662
Buy Entry= 19.708 - 19.058
Take Profit= 21.699 | 23.472 | 25.599
Stop Loss= 17.599
Risk/Reward= 1:1.3 | 1:2.23 | 1:3.48
Expected Profit= +23.90% | +42.20% | +64.14%
Possible Loss= -18.40%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active:
First entry filled
Synthetix went up nicely but could go down for 2nd entry before reaching target.
Synthetix went up nicely but could go down for 2nd entry before reaching target.
Trade closed: target reached:
TP1 reached with +23.90% (2x) and 1.3R
Synthetix pumped perfectly and confirmed the breakout, road to second target now!
Synthetix pumped perfectly and confirmed the breakout, road to second target now!
Trade closed: target reached:
TP2 reached with +42.20% (2x) and 2.29R
Synthetix pushed higher, last target was looking too close so I updated it higher (27.239$) to Fib 2.272 making R/R= 1:4.4 now!
Synthetix pushed higher, last target was looking too close so I updated it higher (27.239$) to Fib 2.272 making R/R= 1:4.4 now!