After putting on the fib retracement on current ZRX chart, we can see that target one on price prediction is at 29 cents and target 2 is at around 30.4 cents. 3.3.2019
Nice straight trendline, test areas tested, including a spike through, and had 2 respected candles in the weekly chart. Then for the countertrendline, we perfectly broke out, while all the levels were met perfectly.... support level was respected too. Great old example and practice for spotting countertrends and trendlines.
-KH
