The account nearly lost half its money just because I stubbornly held onto the position $ZEC when it sharply bounced back up to the 1028 area this afternoon. 🤯
My short-selling plan was to wait for a rebound to 1080–1120, set a stop loss at 1170, and aim to take profit at 1000 and then 950. 📉
Looking at that feeble bounce, anyone could see this was just a classic bull trap designed to lure buyers in. 💔
The price structure has completely broken down, the downtrend is still going strong, and the easiest path from here is to keep heading lower. ⚡
Stay level-headed and disciplined so you don’t fall into the crowd’s psychological trap, folks. 👀
Are you guys watching for a short on this move $ZEC , or did you end up chasing the top like I did? Share your thoughts in the comments below! 👇
Support me by trading here 👇
DYOR - Sharing personal experience, not financial advice.
My short-selling plan was to wait for a rebound to 1080–1120, set a stop loss at 1170, and aim to take profit at 1000 and then 950. 📉
Looking at that feeble bounce, anyone could see this was just a classic bull trap designed to lure buyers in. 💔
The price structure has completely broken down, the downtrend is still going strong, and the easiest path from here is to keep heading lower. ⚡
Stay level-headed and disciplined so you don’t fall into the crowd’s psychological trap, folks. 👀
Are you guys watching for a short on this move $ZEC , or did you end up chasing the top like I did? Share your thoughts in the comments below! 👇
Support me by trading here 👇
DYOR - Sharing personal experience, not financial advice.
