$ZK Take a short trade
Trigger: a rejection wick inside the box, followed by a daily close back under $0.0190.
Entry: $0.0194–$0.0198.
Stop: $0.0206.
Targets: $0.0170, then $0.0155
Reward-to-risk: about 2.6 / 4.1
Risk: it is counter-trend after a reversal and a +16% day, so only take it on confirmation, with small size.
Trigger: a rejection wick inside the box, followed by a daily close back under $0.0190.
Entry: $0.0194–$0.0198.
Stop: $0.0206.
Targets: $0.0170, then $0.0155
Reward-to-risk: about 2.6 / 4.1
Risk: it is counter-trend after a reversal and a +16% day, so only take it on confirmation, with small size.