$ZEC
The price has reached the round number 1500, and round numbers this coin breaks very well, as you can see from the history.
But the breakout setup is still quite raw. It needs to trade under this level for at least a couple of hours so that traders have time to get into shorts and place their stops at 1500. To create fuel (a sweep of liquidity for those stops) that will let us fly higher.
I will execute this pattern in a scalping way using a push-through approach—i.e., pushing directly into the level on high volume with a stop-loss of about 0.3%, and taking the first impulses of 1–3%.
P.S. How impulse breakouts are handled through the trading terminal, you can check on my profile in the section "Видео".
#zec
The price has reached the round number 1500, and round numbers this coin breaks very well, as you can see from the history.
But the breakout setup is still quite raw. It needs to trade under this level for at least a couple of hours so that traders have time to get into shorts and place their stops at 1500. To create fuel (a sweep of liquidity for those stops) that will let us fly higher.
I will execute this pattern in a scalping way using a push-through approach—i.e., pushing directly into the level on high volume with a stop-loss of about 0.3%, and taking the first impulses of 1–3%.
P.S. How impulse breakouts are handled through the trading terminal, you can check on my profile in the section "Видео".
#zec
