Zecusdtendenciaalcista
ZECUSD formed bullish Gartley | Upto 173% bullish move expectedHi friends hope you are good, This time I have brought another bullish trading idea for you with complete stop loss strategy.
Very big bullish Gartley pattern:
This time on month chart Zcash (ZEC) has formed a very big harmonic Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern and its Fibonacci sequence should be:
Buy between: $57.06 to $38.79
Sell between: $71.44 to $105.97
Stop Loss:
The potential reversal zone area that is up to $38.79 can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 173% and as per above mentioned stop loss, the loss possibility is 32%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
ZECUSD. Bearish Trend. Short Goals and Long Levels. Setups
The trend is bearish. You can see my disassembly of the ZEC structure. At this point, you should be careful. We are in favor of the longs have a strong oversold of higher order. From the point of view of my analysis, use limit orders in 2 zones. Also buy after the breakdown of the channel. This will mark an early conservative entry. Also use my levels to hold short positions and enter long ones. So you have a chance to enter at the beginning of the trend. And of course, follow the risks