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wpcapital
Feb 7, 2023 10:13 AM

ZIL potential short due to rejection at weekly level  Short

Zilliqa / US DollarBinance

Description

ZIL is currently showing some weakness. If we have a look on a key resistance level on a weekly chart, we notice a clear rejection.
4 hours charts is trading in a range and we have potentially a deviation above and now back to range.
A trade idea to short it with a tiny invalidation above last high targeting middle and lower of the range.
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