Week 22: ZSN2021 Consolidation period
This week we are anticipating the price to range in a downtrend channel.
If the price breaks the channel (upward), then the immediate target is at $1600 level.
However, if the price continues ranging in the channel; let it springs up to $1540 area, then we can short it (Higher probability it will break the support level).
For now, just wait and see.
PS: If you are still holding your BUY/LONG position from last week, close it manually at $1545.
If the price breaks the channel (upward), then the immediate target is at $1600 level.
However, if the price continues ranging in the channel; let it springs up to $1540 area, then we can short it (Higher probability it will break the support level).
For now, just wait and see.
PS: If you are still holding your BUY/LONG position from last week, close it manually at $1545.
Pubblicazioni correlate
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.