I want to share my personal trade with my frineds
long zil from here network upgrade on 30 August and it's turn into a big fomo
I go long let's see whats happend
Entry : 0.10621 - 0.11180
0.113477 - 0.115154 - 0.118508 - 0.12557 - 0.13416
Levrage : 3-5x
Stop : 0.103974 daily Close
Please find my analysis of Zil 4 hour time frame below.
Entry - Current Price Action $0.07300
Stop Loss - $0.0700
Target - $0.10
Risk to Reward - 13 to 1
Candle Stick Patterns -
4 Hour SFP Reversal Pin
High Time frame support confirmed.
Zil has a really big move incoming guys, this is a must take trade.
see you on the other side!
Got into a thick zone, within the 200 EMA ( Orange )
The probability of selling pressure is obviously interesting here.
I entered with a stoploss above this resistance abit at 0.21232
Target 0.19575 where i would input the risk/reward ratio of 1.5/1 :))
Strong support at the kijun sen ( Pink line ) as you can see
Break of parabolic curve looks like it could signal bearish reversal, similar formation on RSI stands out to me as a severe trade with caution indicator right now - let me know your thoughts, been enjoying the ride on this but after nearly liquidating today had another look & this stood out.