TradingForLiving_T4L
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Bullish
$ZEC
{future}(ZECUSDT)
-Price has dropped close to the previously mentioned liquidity area around 485
-Currently, we can take a long position at the small liquidity area below the small trading range on the m5 timeframe at 512, with a stop loss below the buy wall at 390 and a target profit at the current liquidity area above at 635
-Because there is still a certain amount of liquidity below, the price may still drop further before rising, so there is another option to wait at 471 for a higher risk-reward ratio
The stop loss will be a bit far, you can enter early or wait for a better entry below.
=>In summary, the current entry
E1=512 SL=390 TP=635 RR=1
E2=471 SL=390 TP=635 RR=2
{future}(ZECUSDT)
-Price has dropped close to the previously mentioned liquidity area around 485
-Currently, we can take a long position at the small liquidity area below the small trading range on the m5 timeframe at 512, with a stop loss below the buy wall at 390 and a target profit at the current liquidity area above at 635
-Because there is still a certain amount of liquidity below, the price may still drop further before rising, so there is another option to wait at 471 for a higher risk-reward ratio
The stop loss will be a bit far, you can enter early or wait for a better entry below.
=>In summary, the current entry
E1=512 SL=390 TP=635 RR=1
E2=471 SL=390 TP=635 RR=2
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