ZM short idea
ZM is in downtrend and near to its Fib 78% support level also at current channel bottom.
Bearish Indications:
1. Lower Lows and Lower Highs
2. Big Marobozu Candle
3. Fib 78% level is 173.93
4. moving in a channel
5. AB=CD pattern if completes (target around 93)
Bearish Indications:
1. Lower Lows and Lower Highs
2. Big Marobozu Candle
3. Fib 78% level is 173.93
4. moving in a channel
5. AB=CD pattern if completes (target around 93)
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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.
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.