Price Levels for ZI
Updated
ZIThe lines represent the price level that has been traded upon or will be traded.
The more it hit the line, the stronger the level.
It can be use to set profit taking price or stop loss price.
Every level is of same significant until order flow trades upon it.
DYODD.
Note
Level in focus is 65.64 to 56.98. Split equally is 61.31.Holding 61.31 well for 4 daily. Fail to look below 61.31.
Probability to the upside is higher.
Comfortable for entry near 61.31 IMO.
Current liquidation to 61.31 means it may well push up to 74.30.
First TP at 65.64, second TP at 69.97. Risk taker might TP at 74.30.
Stop loss 56.98. As always, manage your risk!
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