ZRX seems willing to continue the rally after breakout and retest of the triangle.
On the chart my target and stop loss.
There are two possible trades here.
TP 1 RR 4x (40% vs 10%)
TP 2 RR 6X (110% vs 17%)
I opted for a mix of the two: once first target is reached, I will close half of the position and move SL at break even, then I will let profit go until some new catalyst comes out.
Disclaimer
This is not a coin that I am going to keep in my ptf for a long time. Just a short term speculative trade.
On the chart my target and stop loss.
There are two possible trades here.
TP 1 RR 4x (40% vs 10%)
TP 2 RR 6X (110% vs 17%)
I opted for a mix of the two: once first target is reached, I will close half of the position and move SL at break even, then I will let profit go until some new catalyst comes out.
Disclaimer
This is not a coin that I am going to keep in my ptf for a long time. Just a short term speculative trade.
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Or simply you don't want to risk it?
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Check it out now → ftmo.com/en/?affiliates=2427