ZENUSDT Currently moving in downtrend and forming LLs and LHs but there is a strong Bullish divergence on 30mnt time frame, so its possibility of the bullish trend, if ZEN break the previous LHs, this is the confirmation of the bullish trend and other side ZEN maybe formed LHs and break the LLs its still in downtrend so we have both trades:
1st Bullish Trade:
If break the previous LHs we take long ride with SL and TP-1 and TP-2
2nd Bearish Trade:
If break the previous LLs we take a short ride with SL and TP-1 and TP-2
1st Bullish Trade:
If break the previous LHs we take long ride with SL and TP-1 and TP-2
2nd Bearish Trade:
If break the previous LLs we take a short ride with SL and TP-1 and TP-2
Trade active
1st Bullish Trade is active, so wait for the TP.Trade closed: stop reached
SL Hit due to Market Crash (Selloff Orders)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.