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ZEN broke out and is currently retesting the broken level, it is in confluence with the 38.2% of the Fibonacci Retracement. It could go a little bit lower to the 112 major support area which is also the 50% of the Fib. Then we should expect a continuation to the upside, targets:
130
140
150
Support: 117
Resistance: 130
What do you think?
Good luck traders,
NajjarTrading
ZEN broke out and is currently retesting the broken level, it is in confluence with the 38.2% of the Fibonacci Retracement. It could go a little bit lower to the 112 major support area which is also the 50% of the Fib. Then we should expect a continuation to the upside, targets:
130
140
150
Support: 117
Resistance: 130
What do you think?
Good luck traders,
NajjarTrading
Trade closed: target reached
Target one reachedTrade closed: target reached
All targets hit! 50% +
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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.