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Waittoshort

Week 22: ZSN2021 Consolidation periodThis 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.
CBOT:ZSN2021
by machintose

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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