Weekly analysis for ZSF2021 Week 50: 07 December to 11 December 2020
Following up last week analysis, the Resistant level at $1,200 remained in tact and our key level at $1,161 had been penetrated. Therefore, now we are looking to sell as the direction had changed.
[u]Here is my personal trade call for this week[/u]: Short now or Sell Stop at $1,154.00 Stop Loss (SL) is at $1,175.00 Take Profit (TP) is at $1,083.00 It gives us 3.47R
Disclaimer: The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee. As always, move your SL when you are in the profit zone.