TheSignalyst

ZOOM Trend-Following Setup!

Long
NASDAQ:ZM   Zoom Video Communications, Inc.
Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: ZOOM is sitting around strong trendline in brown so we will be looking for trend-following buy setups on lower timeframes.

on H4: ZOOM is forming a trendline in red but it is not valid yet, so we will be waiting for the third swing to complete around it consider it our trigger swing.

Trigger: Waiting for a momentum candle close above the gray area to buy.

and until the buy is activated, this one would be overall bearish and can still dive a little below the brown trendline. or till the green demand zone.

Good luck!

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