ZIL/BTC Long on the retest
Updated
Quick post on the ZIL/BTC pair today. Taking a long position on the retest of the bull pennant.
Entry - 623 sat
Stop - 608 sat
Target - 668 sat
R/R - 2.75
~Chloster
Entry - 623 sat
Stop - 608 sat
Target - 668 sat
R/R - 2.75
~Chloster
Trade closed: stop reached
*UPDATE- Quick breakdown of the pennant
- Market structure was very bearish which drove the pair down
- Multiple retests of the pennant support keeping the pair lower
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