ZM: Two Trading Oppotunities
Starting in early December 2022, the price is moving between a wide area 64-75.
In the lower part of the structure, ZM proved several times that the buyers are well positioned near that area.
Currently, the price can move according to both scenarios.
A move above 75 should push the price higher under current conditions.
If 75 holds strong, chances are very high that ZM will test 64 again
before moving up again.
I prefer to wait for the price test of 64 before jumping into this long opportunity.
So let's see.
Thanks and good luck!
Starting in early December 2022, the price is moving between a wide area 64-75.
In the lower part of the structure, ZM proved several times that the buyers are well positioned near that area.
Currently, the price can move according to both scenarios.
A move above 75 should push the price higher under current conditions.
If 75 holds strong, chances are very high that ZM will test 64 again
before moving up again.
I prefer to wait for the price test of 64 before jumping into this long opportunity.
So let's see.
Thanks and good luck!
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www.youtube.com/@TradingPuzzles
✅My FX Broker
bit.ly/49VySJF