Follow up to my last Plot looking for a Bounce at 26 cents (click).
ZRX has been very strong since bottoming and then consolidating.
Break out from resistance ceiling was perfect with an exact retest.
Now approaching possible Wave End Points, that could cause retrace.
0.308-09 is current resistance which should cause a dip.
0.316-17 is most likely target and possible Top for a while.
0.328-31 if reached will almost definitely end this wave.
Previous ZRX plots:
26 cent Bounce Call
34 cent Top Call
15 cent Bottom Call
May 2019 breakout
Apr 2019 Bottom
ZRX has been very strong since bottoming and then consolidating.
Break out from resistance ceiling was perfect with an exact retest.
Now approaching possible Wave End Points, that could cause retrace.
0.308-09 is current resistance which should cause a dip.
0.316-17 is most likely target and possible Top for a while.
0.328-31 if reached will almost definitely end this wave.
Previous ZRX plots:
26 cent Bounce Call
34 cent Top Call
15 cent Bottom Call
May 2019 breakout
Apr 2019 Bottom
הערה:
So much for that first line of defense, breached.
.
Time to fall back to second line of defense. .
הערה:
Bulls taking control, after successfully navigating thru a Fib Cluster
.
.
הערה:
ZRX minding its fibs very politely
.
Looks like it will go for next reistance above, .316-317 .
הערה:
Moment of Truth
.
Higher Highs? or Double Top? .
הערה:
Rejection on First attempt
.
.
הערה:
That was a rejection allright, BUT we have a clean bounce on top of a fib band
.
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
.