Week 41: Quick short on ZSX 2020
Weekly analysis for ZSX2020
Week 40: 05 to 09 October 2020
So far the price failed to make a Higher High and still lingering at $1,020 area.
Based on the Price Action, it is now a good sign to do short.
Should the price dropped lower than our Take Profit level, then we anticipate the price will go below $1,000 next week.
My personal trade call:
Sell Limit: $1,019
Stop Loss: $1,029
Take Profit: $1,003
Risk Rewards Ratio: 1.62R
Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Week 40: 05 to 09 October 2020
So far the price failed to make a Higher High and still lingering at $1,020 area.
Based on the Price Action, it is now a good sign to do short.
Should the price dropped lower than our Take Profit level, then we anticipate the price will go below $1,000 next week.
My personal trade call:
Sell Limit: $1,019
Stop Loss: $1,029
Take Profit: $1,003
Risk Rewards Ratio: 1.62R
Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Trade closed: stop reached:
Hit SL.