ZILLIQA ZIL- Decision time soon, short term trade idea
5/30/18
TRADE SETUP
- currently testing the upper trend line of the falling wedge pattern
- If rejected, we'll continue retracing back to the 0.618 levels in this falling wedge pattern
- strong support at the 0.618 fib level where we may see a nice bounce
- RSI/Stoch on the 4H looks bearish/neutral
- RSI/Stoch on 1D looks Bullish.neutral
Entry: <1400-1300
Short/Mid-term Targets
- Target 1:1670 (+30%)
- Target 2: 1820 (+40%)
- Target 3: 1920 (+50%)
Stop loss: 1200
Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
TRADE SETUP
- currently testing the upper trend line of the falling wedge pattern
- If rejected, we'll continue retracing back to the 0.618 levels in this falling wedge pattern
- strong support at the 0.618 fib level where we may see a nice bounce
- RSI/Stoch on the 4H looks bearish/neutral
- RSI/Stoch on 1D looks Bullish.neutral
Entry: <1400-1300
Short/Mid-term Targets
- Target 1:1670 (+30%)
- Target 2: 1820 (+40%)
- Target 3: 1920 (+50%)
Stop loss: 1200
Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.