ZRX has been stuck in a precise Fib range.
The reflections might be done with a higher low.
Breakout of the zone will be key, buy on retest.
0.28 is the key price to break above.
0.30 will be first target and resistance.
0.34 should be reachable if bulls continue.
The reflections might be done with a higher low.
Breakout of the zone will be key, buy on retest.
0.28 is the key price to break above.
0.30 will be first target and resistance.
0.34 should be reachable if bulls continue.
Note
Still bouncing around the zone, BUT the bottom is being held PRECISELY with several breaches of cieling. .
Note
oh boy, another bad sign. Last bounce looks to be rejected from the Fib line in between zones .
Note
As feared, we just fell through the Floor .
Note
Finally, a breakout and retest. This might be 'the' one to launch this .
Note
Beautiful Ping of higher resistance .
the Golden Ratio is my Religion
the Trading View is my Nation
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the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.