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ZEC
Direction: 1x Short
Entry: Around 400-415
Confidence level: Medium
Multiplier: 1x
Position size: 10% of the account each time
Take profit: Level 1: Around 375 (for stability) Level 2: Around 350 Level 3:
300
Stop loss: Slightly above 435 by one point
Reason: Resistance around 415 is quite strong, you can try placing a short order there, avoid high leverage.
Note: Do not place orders at exact integers, as they are hard to execute. Place orders slightly below the resistance zone or slightly above the support level for easier execution.
Currently, due to many fake breakouts and fake breakdowns, to prevent such situations, we set the stop loss a bit higher, lower the risk-reward ratio, and significantly increase the win rate for better trading results. $ZEC