ZECUSD H4: BEST level to SHORT IT 30%+ gains(SL/TP)(NEW)

3 Okt 2020

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ZECUSD H4: BEST level to SHORT IT 30%+ gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term
gains before reversal at/near 73 USD (BEARS).

🔸 Summary and potential trade setup
::: ZECUSD 4hour chart review/outlook
::: currently price is stuck in range
::: H*S setup in progress now
::: LS=RS=66 USD HEAD at 73 USD
::: neckline re-test near 52 USD
::: BEARS get ready to SHORT HIGH
::: that's where you want to SHORT IT
::: 73 USD - HEAD of H*S pattern
::: initial target BEARS is neckline
::: 30% gains possible in this setup
::: shorting near range highs makes sense
::: short-term bullish / more upside
::: 73 USD heavy resistance / SHORT IT
::: TP BEARS is re-test of neckline
::: 30% gains on sell side for BEARS
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY NEAR 73USD SL 4% TP1 20% TP2 30% // 52 USD
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/52USD
::: Sentiment outlook short-term: BULLS