Spotting a clean setup on the $TZA daily chart๐
We just broke out of the recent consolidation phase and pushed right up to the 51 level.
The structure is making higher lows, and I'm expecting a continuation if we can hold above the 50 psychological level.
Hereโs my trade setup:
๐ข Direction: LONG
๐ฏ Entry Zone: 50.50 - 50.95 (Current market)
๐ฐ Take Profit 1: 52.00
๐ฐ Take Profit 2: 54.00
๐ Stop Loss: 48.40 (Below the recent daily swing low)
โ๏ธ Leverage: 5x - 10x (Keep it safe, always manage risk)
Keep an eye on the volumeโif we get a strong daily close above 51.20, this thing flies.
$TZA
We just broke out of the recent consolidation phase and pushed right up to the 51 level.
The structure is making higher lows, and I'm expecting a continuation if we can hold above the 50 psychological level.
Hereโs my trade setup:
๐ข Direction: LONG
๐ฏ Entry Zone: 50.50 - 50.95 (Current market)
๐ฐ Take Profit 1: 52.00
๐ฐ Take Profit 2: 54.00
๐ Stop Loss: 48.40 (Below the recent daily swing low)
โ๏ธ Leverage: 5x - 10x (Keep it safe, always manage risk)
Keep an eye on the volumeโif we get a strong daily close above 51.20, this thing flies.
$TZA