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.
Nota
Nice little bounce exactly where expected (first zone anyway)
.
Nota
Dissecting the drop, we see a perfect 4.236 wave (possibly an 'A' of abc coming) and we see some local resistance zones now.
.
Nota
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.
.
Nota
Bounce holding up pretty well, but still need to get past the immediate resistance zone above
Nota
Made serious progress even past resistance zones. Now watching the correction
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.