$SYN Long Trading Strategy: Buy after confirming a breakout or at key support levels, target multiple resistance levels, and apply strict risk management
📍 Entry Zone: * 0.2500 – 0.2750
🛑 Stop Loss: * Below 0.2140
🎯 Take Profit Targets:
* TP1: 0.2860
* TP2: 0.3000
* TP3: 0.3320
* TP4: 0.4500+
$SYN Bullish Confluence Analysis:
SMC (Smart Money Concept) indicates the market has formed a bullish CHoCH (trend reversal). It also shows a higher high/lower low structure, strong demand order blocks providing support, and upside buyer liquidity targets. ICT trading logic suggests price experienced a strong displacement from a key low, and formed a Fair Value Gap (FVG) and the best trading entry position within the discount area.
Elliott Wave analysis suggests the ABC correction may have already completed, and the market is entering a new impulsive wave phase, with the probability of a Third Wave expansion increasing. Volume analysis shows that during the pullback, volume decreases—indicating weakening sell pressure, buyers absorbing supply, supporting further upside momentum and the continued development of the accumulation phase.
Trade $SYN 👇🏻
📍 Entry Zone: * 0.2500 – 0.2750
🛑 Stop Loss: * Below 0.2140
🎯 Take Profit Targets:
* TP1: 0.2860
* TP2: 0.3000
* TP3: 0.3320
* TP4: 0.4500+
$SYN Bullish Confluence Analysis:
SMC (Smart Money Concept) indicates the market has formed a bullish CHoCH (trend reversal). It also shows a higher high/lower low structure, strong demand order blocks providing support, and upside buyer liquidity targets. ICT trading logic suggests price experienced a strong displacement from a key low, and formed a Fair Value Gap (FVG) and the best trading entry position within the discount area.
Elliott Wave analysis suggests the ABC correction may have already completed, and the market is entering a new impulsive wave phase, with the probability of a Third Wave expansion increasing. Volume analysis shows that during the pullback, volume decreases—indicating weakening sell pressure, buyers absorbing supply, supporting further upside momentum and the continued development of the accumulation phase.
Trade $SYN 👇🏻