Watch how ZEN reacts here

Alright folks, let’s take a look at Zin zendesk.com. And try to win 2315 As of this recording up 2%, or two and a half dollars here on the overall market weakness, but what we’re looking at here, I think is going to be lower prices to come. So we’ve come up and traded here into an important key area of structure appeared the 125 area. Notice that we’re also getting bearish reversal signals. And this is exactly what we like to see these are the two pieces or two ingredients that we like to see when we’re trading key levels and key structure. Not only that the other little Confluence pieces that we like to see are on the fibs. So we’re also trading 2786 retracement, and getting trend line breaks. So all of that is adding up for a potentially good trade here. But we’ve got earnings at the end of the week on the 28th. So I’m going to watch this one closely trading into earnings, as well as post earnings to see if we can get a good setup here. Based on last week’s action here we got a large reversal candle there on the weekly. But what I said first of all, why I’m even looking at this fact we’re trading into this key higher timeframe structure, bearish divergence signals. So if you’re looking in favoring a trade to the short side, as opposed to the downside Now, as far as risk reward, our risk is going to be above somewhere above last week’s high somewhere around 133 to 135. And we’re going to be looking for first targets all the way down to 95. So we have a very favorable risk reward structure on this trade, but we need to be patient and let earnings play out. And we’ll see where we are once that dust settles to entertain a possible trade to the downside. Now I’m gonna be doing a free presentation on Tuesday, April 26. At 7pm Eastern five rules for trading like you’re the bank, I’m going to share with you the exact rules setup and strategies that I just went over how to find big money moves, how to find hidden tracks that institutions leave institutions like hedge funds, banks, market makers, the big players that actually control the market, show you how to locate those and how we can actually try them. I’m gonna hyperlink you to this page and I look forward to seeing you there.