ZIL ABOUT TO PUMP HARD OR DUMP?
Updated
Good day ladies and gentlemen as yall know it ya boy #RedFox and you know whats about to go down!!
Alight lets take a look at this chart its comprises price action,market structure and technical and market sentiment.
lets get right to the first item on the list as we can see on the chart the pull backs of
ZIL on the 4hr TF its safe to say after the last pull back we saw some consolidation on the little rectangular box before the pump to the upside that tells only on thing my friends we are BULLISH but as of now the buyers have not broken through the market structure and vol has been decreasing compared to past few days but it will be wise for use to wait for break of structure then retest before buying and its not advisable to go short as we can see the 20,30 and 50 exponential average below, supporting the buyers but if we break down we can set bids on the red line below or inside the rectangle BUT if we break upside and hold we are going to space targets are on chart for both cases.
GL
#TradeResponsibly
And dont foget to hit the lin button and support me in what ever way you can
#Redfox signsout
Alight lets take a look at this chart its comprises price action,market structure and technical and market sentiment.
lets get right to the first item on the list as we can see on the chart the pull backs of
ZIL on the 4hr TF its safe to say after the last pull back we saw some consolidation on the little rectangular box before the pump to the upside that tells only on thing my friends we are BULLISH but as of now the buyers have not broken through the market structure and vol has been decreasing compared to past few days but it will be wise for use to wait for break of structure then retest before buying and its not advisable to go short as we can see the 20,30 and 50 exponential average below, supporting the buyers but if we break down we can set bids on the red line below or inside the rectangle BUT if we break upside and hold we are going to space targets are on chart for both cases.GL
#TradeResponsibly
And dont foget to hit the lin button and support me in what ever way you can
#Redfox signsout
Note
There`s a little piece of information i left out......i took the averages of the uptrend of this chart and it gave me 40.70% approximately ... so if we break out we can go very parabolic if
BTC dont spoil the show but i doubt that cus BTC is bullish.Note
I told you guys its not wise to short and we should all wait for a breakout and retest and we did break and retest my order got filled and we bounced immediately now set stop below the red MA profit targets are on chart.Note
unfortunately we got stopped out because of the btc dump everything was set up perfect.
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