Week 50: Short Opportunity on ZSF 2021

Weekly analysis for ZSF2021
Week 50: 07 December to 11 December 2020

Following up last week analysis, the Resistant level at $1,200 remained in tact and our key level at $1,161 had been penetrated.
Therefore, now we are looking to sell as the direction had changed.

[u]Here is my personal trade call for this week[/u]:
Short now or Sell Stop at $1,154.00
Stop Loss (SL) is at $1,175.00
Take Profit (TP) is at $1,083.00
It gives us 3.47R

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.
bearishlookingPivot PointssatayfxSoybeansSupply and DemandSupport and ResistancetrendshiftZSF2021

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