machintose

Week 41: Quick short on ZSX 2020

machintose 업데이트됨   
CBOT:ZSX2020   Soybean Futures (Nov 2020)
Weekly analysis for ZSX2020
Week 40: 05 to 09 October 2020

So far the price failed to make a Higher High and still lingering at $1,020 area.
Based on the Price Action, it is now a good sign to do short.
Should the price dropped lower than our Take Profit level, then we anticipate the price will go below $1,000 next week.

My personal trade call:
Sell Limit: $1,019
Stop Loss: $1,029
Take Profit: $1,003
Risk Rewards Ratio: 1.62R

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.
거래청산: 스탑 닿음:
Hit SL.
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