ZRX made another wave up, which finished exactly at a 5.618. The pullback so far resembles and ABC correction, staring C now. Green zones represent support zones to watch for possible bounce.
Previously I was looking for a retrace to enter, which I did per this plan: the above long was executed with a "Ladder" of limit buys between the two support zones.
הערה
Nice little bounce exactly where expected (first zone anyway)
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Dissecting the drop, we see a perfect 4.236 wave (possibly an 'A' of abc coming) and we see some local resistance zones now.
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Note to self: Never again discount a 2.618 I normally have great reverence for 2.618's, but was swayed to the 2.236 as resistance due to its confluence with green 4.236. But clearly the 2.618 by itself was significant.
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Bounce holding up pretty well, but still need to get past the immediate resistance zone above
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Made serious progress even past resistance zones. Now watching the correction
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