$ZEC Breaks Into Full Momentum Mode
Hi friends, $ZEC continues to be quite strong today. The breakout out of the range of 950-960 led to a strong expansion and buyers are now protecting the upper ranges…….
Long Entry: 960-972
Stop Loss: 948
Target 1: 985
Target 2: 1000
Target 3: 1020
Definitely, we have an upside momentum but after such strong gains, I prefer waiting for a retracement or pullback before entering the trade. If $ZEC manages to hold the levels 960-965, then a fast rise to 1000+ levels may appear……..
Clear break above 980 will increase the strength of our continuation pattern. Below 948 invalidates the bullish scenario……
#USWeeklyInitialJoblessClaimsRiseTo206000
Hi friends, $ZEC continues to be quite strong today. The breakout out of the range of 950-960 led to a strong expansion and buyers are now protecting the upper ranges…….
Long Entry: 960-972
Stop Loss: 948
Target 1: 985
Target 2: 1000
Target 3: 1020
Definitely, we have an upside momentum but after such strong gains, I prefer waiting for a retracement or pullback before entering the trade. If $ZEC manages to hold the levels 960-965, then a fast rise to 1000+ levels may appear……..
Clear break above 980 will increase the strength of our continuation pattern. Below 948 invalidates the bullish scenario……
#USWeeklyInitialJoblessClaimsRiseTo206000
