Week 20: ZSN2021 Sign of weakness and opportunity to short
This morning during Asian market, volatility was low and structure wise, it is trending down to break the $15.82 support level.
I am on bearish bias and will place a spot short order:
Entry: $15.82
Stop Loss at $16.13
Take Profit at $15.08
RRR = 2.39R
It may not be a short drop, protect your profit when you are already in profit zone.
I will update again tomorrow if there is a change in outlook.
I am on bearish bias and will place a spot short order:
Entry: $15.82
Stop Loss at $16.13
Take Profit at $15.08
RRR = 2.39R
It may not be a short drop, protect your profit when you are already in profit zone.
I will update again tomorrow if there is a change in outlook.
Trade attivo:
Move SL to profit zone at $15.60
