#ZEN - Breaking Out - LONG
4 Hour Time Frame Analysis -
Entry - Current Price $120.53
Exit - $133
Stop Loss - $115.18
Leverage - 10 x
Risk to Reward - 3 to 1
After Breaking out of a big bull flag, Zen Has had further consolidation and formed a bullish falling wedge, which it has now broken out of and found support.
Zen is ready to start moving up again and I am long.
Nice 4 hour pin right on support on the break out as well, adding further confluence to the trade.
Best of luck and let me know your thoughts!
Entry - Current Price $120.53
Exit - $133
Stop Loss - $115.18
Leverage - 10 x
Risk to Reward - 3 to 1
After Breaking out of a big bull flag, Zen Has had further consolidation and formed a bullish falling wedge, which it has now broken out of and found support.
Zen is ready to start moving up again and I am long.
Nice 4 hour pin right on support on the break out as well, adding further confluence to the trade.
Best of luck and let me know your thoughts!
420Fam