$ZEC
My preferred strategy
I would avoid entering immediately at 992.71 because price is between support and resistance.
If price breaks 1,005 and holds on a retest, consider LONG.
If price reaches 1,005–1,018 and gets rejected, consider SHORT.
If price breaks below 980, watch for continuation toward 961.
4. Risk management
Risk no more than 1% of your trading capital on one setup. Avoid high leverage, and wait for a 1-hour candle close to confirm the breakout or rejection.
#VJAnalysis
My preferred strategy
I would avoid entering immediately at 992.71 because price is between support and resistance.
If price breaks 1,005 and holds on a retest, consider LONG.
If price reaches 1,005–1,018 and gets rejected, consider SHORT.
If price breaks below 980, watch for continuation toward 961.
4. Risk management
Risk no more than 1% of your trading capital on one setup. Avoid high leverage, and wait for a 1-hour candle close to confirm the breakout or rejection.
#VJAnalysis