Swipe (SXP) formed bullish Cypher for upto 23% move
Aggiornato
Hi dear patrons, hope you are well and welcome to the new trade setup of Swipe (SXP).
On a 4-hour chart, the price action of SXP has formed a bullish Cypher pattern:
Buy and sell targets:
Buy between: $3.72 to $3.51
Sell between: $4.01 to $4.32
Stop loss:
The maximum extent of the buying zone $3.51 can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 23% and a loss possibility is 6%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On a 4-hour chart, the price action of SXP has formed a bullish Cypher pattern:
Buy and sell targets:
Buy between: $3.72 to $3.51
Sell between: $4.01 to $4.32
Stop loss:
The maximum extent of the buying zone $3.51 can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 23% and a loss possibility is 6%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trade chiuso: obiettivo raggiunto
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