ZEN is currently consolidating in a symmetrical triangle pattern on the 4-hour timeframe, following a strong bearish move. The price action has shifted to a sideways range, signaling a potential trend reversal or continuation setup in the making.
What to Watch:
We’re closely monitoring a bullish breakout from the triangle or resistance zone.
A confirmed breakout with a successful retest will trigger our long entry.
As always, proper risk management is key – wait for confirmation before entering.
Trade Plan:
✅ Wait for breakout above resistance
✅ Look for volume confirmation
✅ Enter on retest with a tight stop-loss
✅ Target recent highs for a solid R:R setup
What’s your take on #ZEN? Do you see a breakout coming or more chop ahead? Drop your thoughts in the comments!
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