$ZRO The reaction in the resistance zone is clear: after the volume expansion, it gets knocked back down, indicating that supply from above is sufficient. I’ve observed several attempts to push up that were all rejected, with bullish momentum fading.
Now the structure is bearish. I’m inclined to continue holding short positions to see whether the lower support is tested; any rebound would be an opportunity to add to the position.
🔴 Trade direction: Short
📍 Entry zone: 0.863 – 0.870
🛑 Stop loss: 0.920
🎯 Take profit 1: 0.845
🎯 Take profit 2: 0.830
🎯 Take profit 3: 0.810
#ZRO
Click below to trade👇👇👇
Now the structure is bearish. I’m inclined to continue holding short positions to see whether the lower support is tested; any rebound would be an opportunity to add to the position.
🔴 Trade direction: Short
📍 Entry zone: 0.863 – 0.870
🛑 Stop loss: 0.920
🎯 Take profit 1: 0.845
🎯 Take profit 2: 0.830
🎯 Take profit 3: 0.810
#ZRO
Click below to trade👇👇👇