Week 21: ZSN2021 Let's flip it in the swap zoneOur trade last week was successful, it takes a week to finally hit our Profit Target.
Now the price is reaching the flip zone or demand zone; I would anticipate the price will have some rejection in this area.
This week we will LONG ZSN2021, here is my trade:
Buy now at market
SL is at $14.86
TP is at $15.45
RRR = 2.45R
Always move your SL when:
1. You see a higher low, and ...
2. Your position is in the profit area.
Hit me in the comment below for a discussion if you have any questions.