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ZRXUSD retrace watch: 0x impulse done, retrace to where ?

10 649
Quick plot to observe ZRX retrace.
There was picture perfect 12345 impulse.
And per Elliott, next comes an ABC correction.
Note
Making steady progress thus far snapshot

Zooming in we see a micro-fib at play snapshot interestingly, the Ripples from the top are still in play even after two strong legs up. That implies this is all part of the same move, the ABC I am looking for. If so, next stop should be the red 4.236

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Note
Oops on the lack of update, thought I had posted. We bounced exactly where expected snapshot and picked up my limit buys. But now I think this wave is about done, so have closed half position and trailing stop on the remaining position.

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EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Elliott WaveFibonacciSupport and Resistance

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.
Elliott WaveFibonacciSupport and Resistance
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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.