Post
Bearish

$ZEC



I just opened a ZEC short position

Sharing my trading approach

I usually trade ultra-short-term

On the 15-minute and 5-minute timeframes

ZEC is currently at the very top of its uptrend

Although there were several beautiful bullish candles earlier

It was just a last rally

The reason for the trade is

A very beautiful Pinbar appeared at the very top

When a Pinbar appears at a key level or an extreme point

It is usually an excellent opportunity to go short

And this Pinbar is very beautiful

And very long

When this kind of Pinbar appears

It usually leads to at least an equal-distance downward move

I measured it

The risk-reward ratio is 2.8

Why not take it?

I placed a limit order directly

Entered at 1514

Stop-loss at 1521

Take-profit at 1501

I currently plan to close 50% of the position at the take-profit level

Then set the stop-loss at breakeven

And observe for a while

Of course

If I find that the situation is not right

I will also exit at any time

After all, this is a counter-trend trade

While posting this

50% of the position has already reached take-profit
#SEC批准代币化股票有限链上交易
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ZECZEC+8.49%


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MonopolyFamily
4 minutes ago
Very good
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XitangRobot
5 minutes ago
Okay
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GateUser-ad86bddd
12 minutes ago
Hawk or dove?
0View Original
GateUser-d10f5768
37 minutes ago
Is now a good time to add to the position?
0View Original
GateUser-d10f5768
37 minutes ago
Hawk or dove?
0View Original
GateUser-d10f5768
38 minutes ago
Waiting for the Fed to make its move 👀
0View Original
GateUser-d10f5768
38 minutes ago
Let’s talk once the data is in.
0View Original
JustSayYouLoveMe
2 hours ago
First Review
Good idea
0View Original