ZRXUSD Technical Analysis (Symmetrical Triangle)
Introduction
Hello trading view! I am doing an idea on ZRXUSD today, which I think can go up to over 2$ if there is a move to the upside. That could be around a 20% gain on capital, assuming you bought near my entry point.
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Technical Analysis
There is a symmetrical triangle pattern on the 1h timeframe that might break out to 2.01$. Our stop-loss is below some key support levels, and our entry is above them. Here is the rest of the information concerning the trade:
Entry: 1.68
Exit: 2.01$ (20.18%)
Stop-loss: 1.59$ (5.04%)
Risk to Reward: 4
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Final thoughts
Hopefully this trade works out! Good luck and great trading everyone! (Will keep you updated on how everything goes) Links down below to past successful trades!
*not financial advice.
Hello trading view! I am doing an idea on ZRXUSD today, which I think can go up to over 2$ if there is a move to the upside. That could be around a 20% gain on capital, assuming you bought near my entry point.
=============================================
Technical Analysis
There is a symmetrical triangle pattern on the 1h timeframe that might break out to 2.01$. Our stop-loss is below some key support levels, and our entry is above them. Here is the rest of the information concerning the trade:
Entry: 1.68
Exit: 2.01$ (20.18%)
Stop-loss: 1.59$ (5.04%)
Risk to Reward: 4
==============================================
Final thoughts
Hopefully this trade works out! Good luck and great trading everyone! (Will keep you updated on how everything goes) Links down below to past successful trades!
*not financial advice.
Trade active:
The pattern is confirmed, and ZRXUSD is well on it's way to my target... 1.79$ is the current price, and it has to hit 2.015$ for me to say my prediction was accurate. Let's see what happens!
Trade closed: target reached:
The target has been reached! This was a successful trade.
