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๐Ÿ”ฅ BZRX Channel Trade

BZRX has been trading inside this big channel for quite a while now. Zoom out for a better overview.

My expectation is that BZRX will continue to grow for a short while until it reached the 0.54 area, after which I expect a small pull-back towards the 0.5 support. This support is also out entry at that point.

On the chart Iโ€™ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.

Happy trading!
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