Long
Updated

ZCLASSIC - Buy Opportunity - 89% ROI - 8:1 Risk/Reward

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Reasons why I will enter a long position using a STOP-LIMIT ORDER when price breaks out of the consolidation zone:

1. Breakout triangle has formed with a clear consolidation zone
2. Increase in volume prior to break out of consolidation zone
3. High return on investment (89%) with 8:1 risk/reward
5. Buy low / sell high

Enjoy.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
Note
Trade has been triggered, halve risk or move to BE
Order cancelled
Out for break even
Note
Congrats to those that held (not me)
Note
Sitting on a 360% return right now!~ Wow!

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