Potential map for ZRX/USD.
100% RETRACE on this full cycle but finding a bounce on the long term trend. An initial impulse 1 has found support in the 88% retrace. Its sitting just out side the buy zone of the green box. Look for a little dip into this area and look for support on a smaller time frame.
If it fails support here the trade is NA
100% RETRACE on this full cycle but finding a bounce on the long term trend. An initial impulse 1 has found support in the 88% retrace. Its sitting just out side the buy zone of the green box. Look for a little dip into this area and look for support on a smaller time frame.
If it fails support here the trade is NA
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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.