Weekly analysis for ZSX2020
Week 39: 21 September to 25 September 2020
Currently the price is roaming in an unchartered territory, we have no reference on how far the price will go higher.
Instead of speculating on how high it will go, as a trader, we take decision on a signal that has a higher degree of certainty.
Therefore, we are setting a Sell Stop rather than hoping the price will go higher to unknown area.
This week, if the price hits our Sell Stop, it means the price will change it's direction.
My personal trade call:
Sell Stop: $1,034.5
Stop Loss: $1,048.5
Take Profit: $991.0
Risk Rewards Ratio: 3.48R
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 39: 21 September to 25 September 2020
Currently the price is roaming in an unchartered territory, we have no reference on how far the price will go higher.
Instead of speculating on how high it will go, as a trader, we take decision on a signal that has a higher degree of certainty.
Therefore, we are setting a Sell Stop rather than hoping the price will go higher to unknown area.
This week, if the price hits our Sell Stop, it means the price will change it's direction.
My personal trade call:
Sell Stop: $1,034.5
Stop Loss: $1,048.5
Take Profit: $991.0
Risk Rewards Ratio: 3.48R
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 ativo
Sell stop is triggered.Nota
Move SL to $1,030 and let it slides.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.