ZCASH/DOLLAR POTENTIAL SHORT 4H/1D TIMEFRAME
ZCASH POTENTIAL SHORT
1D Chart:
*Zcash is in a downtrend on the daily timeframe
*150-151 area is recent significant structure on the daily timeframe
*price pulling back making inside return into structure
4H Chart:
*price breached signicant structure and broke it around 150-151 handle
*price has held beneath this structure on the 4H
*sellers showing stronger momentum vs the buyers (as displayed on the chart)
*watch and see how buyers react at structure around the 150-151 mark
*IF we see some seller strength come in and good risk/reward it could be a good potential short setup
ALWAYS make sure to have a plan when trading in any financial market. Follow the plan and be discipline with risk and make sure to IMPLEMENT these principles not just know them. Action>Talk. Never risk more than 2% of trading capital per-setup.
Cheers!
1D Chart:
*Zcash is in a downtrend on the daily timeframe
*150-151 area is recent significant structure on the daily timeframe
*price pulling back making inside return into structure
4H Chart:
*price breached signicant structure and broke it around 150-151 handle
*price has held beneath this structure on the 4H
*sellers showing stronger momentum vs the buyers (as displayed on the chart)
*watch and see how buyers react at structure around the 150-151 mark
*IF we see some seller strength come in and good risk/reward it could be a good potential short setup
ALWAYS make sure to have a plan when trading in any financial market. Follow the plan and be discipline with risk and make sure to IMPLEMENT these principles not just know them. Action>Talk. Never risk more than 2% of trading capital per-setup.
Cheers!
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.