ZRXUSDT 12H long setup after breakou of Trendline

6 июл. 2020 г.

TA Explained
ZRX broke the trendline on the 12H timeframe. After the break a retest of the line resulted in a bounce and futher upwards movement can be expected. Pullback of the last impulse, the bounce, seems to be completed.

Targets align with previous high and extended fib levels.
SL is below important fib levels on multiple timeframes.

Trade setup
Best entries: 0.3930 - 0.4040
TP1: 0.4693
TP2: 0.5423
TP3: 0.6058
SL: 0.3663
RR: 6.44
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)

28 июл. 2020 г.

Заметка

First target was reached. Remainder of position closed on BE or SL depending on how you manage your trade.