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ZEC just nailed that 425 pullback—right where the daily double top neckline sits. Bears are controlling the supply zone now. The bulls? They need to reclaim 438 and get that EMA200 crossover on the 4-hour timeframe before anything meaningful happens.
I trimmed my long right at the neckline. Not chasing this bounce. My game plan now is simple: wait for dips into the 232-244 range. That's where I'm looking to reload. Shorting this? Not happening. Ever. The risk-reward just doesn't make sense when you're fighting the bigger picture trend.
Market's giving us clear levels to work with. Sometimes the best trade is the one you don't force.