$ZEC/USDT 3h (Binance Futures) Symmetrical triangle breakdown

20 Oca 2021

Since Zcash broke-down I entered a risky short here...
MANUAL TRADE ONLY

Current Price= 103.45
Sell Entry= 104.04
Take Profit= 82.81
Stop Loss= 111.12

Risk/Reward= 1:3
Expected Profit= +20.41%
Possible Loss= -6.81%

Fib. Retracement= -0.5
Margin Leverage= 1x
Estimated Gain-time= 120h

20 Oca 2021

İşlem kapandı: hedefe ulaştı

Manual TP1 with +7.60% (1x) and 1R

Zcash kept falling as I expected after the break-down, If you dared to enter yesterday book some profit here and move SL to BE.

20 Oca 2021

İşlem kapandı: hedefe ulaştı

Manual TP2 with +12.47% (1x) and 1.85R

Zcash going down further, taking some more profit here.

21 Oca 2021

İşlem kapandı: hedefe ulaştı

TP3 manual with +17% (1x)

And Zcash felt a bit more, I closed almost all the position here, letting only some contracts opened with SL above 100EMA (~97.13$).

22 Oca 2021

İşlem kapandı: hedefe ulaştı

Final TP reached with +20.41% (1x)

Zcash made it, I did well aiming for last target even with small position!
Now it's trying to break-out of the descending Trend-Line, let's keep an eye on it 👁