ZECUSD H4: BEST level to SHORT IT 30%+ gains(SL/TP)(NEW)
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ZECUSD H4: BEST level to SHORT IT 30%+ gains(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect short-term gains before reversal at/near 73 USD (BEARS).
🔸 Summary and potential trade setup ::: ZECUSD 4hour chart review/outlook ::: currently price is stuck in range ::: H*S setup in progress now ::: LS=RS=66 USD HEAD at 73 USD ::: neckline re-test near 52 USD ::: BEARS get ready to SHORT HIGH ::: that's where you want to SHORT IT ::: 73 USD - HEAD of H*S pattern ::: initial target BEARS is neckline ::: 30% gains possible in this setup ::: shorting near range highs makes sense ::: short-term bullish / more upside ::: 73 USD heavy resistance / SHORT IT ::: TP BEARS is re-test of neckline ::: 30% gains on sell side for BEARS ::: recommended strategy: SHORT IT / SHORT rips/rallies ::: ENTRY NEAR 73USD SL 4% TP1 20% TP2 30% // 52 USD ::: correction not over yet ::: good luck traders! ::: SHORT and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BEARS/52USD ::: Sentiment outlook short-term: BULLS
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