$ZEC SHORT 1H | The trend has a test at 1,312.18
Why it matters: 1H trend and market structure are both bearish. The 15M trend also points bearish.
My read: A controlled entry around 1,310.45–1,313.91 keeps the continuation plan measured. TP1 maps to 0.89R; a move above 1,327.85 invalidates the idea.
Entry zone: 1,310.45–1,313.91
Stop loss: 1,327.85
Targets: TP1 1,298.22 (0.89R) / TP2 1,288.58 (1.51R) / TP3 1,277.16 (2.23R)
Scale out: 20% / 30% / 50%
Is 0.89R to TP1 enough for the risk in this plan?
Why it matters: 1H trend and market structure are both bearish. The 15M trend also points bearish.
My read: A controlled entry around 1,310.45–1,313.91 keeps the continuation plan measured. TP1 maps to 0.89R; a move above 1,327.85 invalidates the idea.
Entry zone: 1,310.45–1,313.91
Stop loss: 1,327.85
Targets: TP1 1,298.22 (0.89R) / TP2 1,288.58 (1.51R) / TP3 1,277.16 (2.23R)
Scale out: 20% / 30% / 50%
Is 0.89R to TP1 enough for the risk in this plan?