ZIL textbook setup?

15 בנוב׳ 2020

Everything just seems too good to be true on this chart at the moment. The descending wedge on the daily is formed almost perfectly with more than enough touches to be technically valid. The bottom of the wedge also corresponds nicely with the .786 fib and historical supports. There is plenty going on at this pivotal price level for ZIL. Note that the RSI is also very low. Potential profit on an entry now could have a 200% return, based on the size of the last run. I'm entering a long position now and will watch for any downward movement outside of that wedge just in case.

19 בדצמ׳ 2020

הערה

Price action is going just as planned for this one. We are keeping an eye on it to ensure any unusual behaviour from btc doesn’t cause it to break trend. Made some good profit so far off some leveraged longs. Looking for a fib retrace right now to grow my position again.

27 בדצמ׳ 2020

עסקה סגורה: היעד הושג

target reached, I actually opened and closed positions multiple times, and may continue to open more from here. Going to see what the market wants to do first.