Week 23: ZSN2021 Be ready to short at $1585
Last week price broke the channel and continuing upward consolidation.
Yesterday we saw an aggressive move by the Seller, however, it doesn't mean that the price will plunge straight-away.
However, feel free if you want to short it now; in my view, the best level to short is at $1585 level/area. That's where your RR is more favourable.
So here is the signal for our discussion:
Pending Short Order at $1585
Stop Loss at $1616
Take Profit at $1530
RRR = 1.56R
Good luck!
Yesterday we saw an aggressive move by the Seller, however, it doesn't mean that the price will plunge straight-away.
However, feel free if you want to short it now; in my view, the best level to short is at $1585 level/area. That's where your RR is more favourable.
So here is the signal for our discussion:
Pending Short Order at $1585
Stop Loss at $1616
Take Profit at $1530
RRR = 1.56R
Good luck!
Trade active:
Move your SL to $1580 and wait 4-5 more hours, if the price does not go to our Profit Zone; then close it manually.
