ZECUSD Rising Wedge and Fall Back Into Previous Channel SHORT 4H

ZEC was in an upward channel and broke out of this channel on the 4H.

A rising wedge then developed and ZEC broke under support and back into the triangle. In addition a bearish H & S formed.

We can also see bearish divergence on the RSI . (HH and LH)

Target set slightly less than height of the rising wedge formation and SL set above the channel.

הערה:

SL Hit.