The long at $ZEC fell down, here is my analysis of the trade done live

✅ I just opened a long on $ZEC
I share a summary of my analysis and what I saw to set up the trade.

🔍 What did I see on the chart?
— On the 4H chart, the price of ZEC reached a relevant support zone, which was the previous low left before a big upward movement.
— Upon testing this support, it left a candle with a long wick, a clear signal of rejection.
— After that bounce, I consider that the price drop is temporarily to take liquidity just from that wick that rejected strongly, before attempting an upward movement.
— From there, the price begins to build a small upward channel starting from the last relevant low at 342.

📉 On the 15M chart, the reading is even clearer:
— The upward channel can be seen clearly.
— The price briefly breaks the lower part of the channel and returns strongly, generating a Break of Structure (BOS) upward.
— This BOS coincides with an RSI exiting the oversold zone, which reinforces the upward momentum.
🟢 That combination gives me my entry trigger.
🎯 Trade setup:
— SL: just below the low that breaks the channel, at 353
— TP: before the previous relative high, at 370
— Risk/reward: approximately 1.6:1
📊 Structure + price + momentum reading, nothing to assume or fall in love with a trade. SL to protect and TP to ensure; I don't want to win them all, that would be greedy and it's bad for trading. I want to learn from the ones I lose, but the most important thing is to remain profitable in the long run.