In my humble opinion we have entered a parabolic section on Z1P. looking at exiting at $1.535 for a few reason with a pull back to the 61.8% level!
Bump run on the longer term and on the intraday right now which is giving us a good exit signal, including MASSIVE BEAR DIV. on the RSI
All of these signals make it to tantalizing to pass up!
looking at an take profit exit and then a swing down entry for 1 last long!
Stay Vigilant
Good luck & happy trading homies!
DYOR!
Bump run on the longer term and on the intraday right now which is giving us a good exit signal, including MASSIVE BEAR DIV. on the RSI
All of these signals make it to tantalizing to pass up!
looking at an take profit exit and then a swing down entry for 1 last long!
Stay Vigilant
Good luck & happy trading homies!
DYOR!
Note
BIG BEAR ENGULFING CANDLE came in yesterday, it doesn't look good!
saving grace may be the small volume that came with it. This shows (in my opinion) there isn't bearish conviction yet. may have a push back and suckers rally but it is more likely to tank down from here!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.