ZRX.usd eyes on .9873 for possible Bottom and scary Long entry
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This is a followup to my Top Call (click) .
ZRX topped at a Golden fib as posted above.
We have now dropped to sister Golden below.
This would be a good spot for bulls to step up.
It is PROBABLE that we orbit this Golden for a while.
It is POSSIBLE that we bounce here and resume uptrend.
It is PLAUSIBLE that we break below and continue down.
The velocity of last leg down looks scary.
The Golden Fib did abruptly stop the drop.
If it fails then look to each fib below next.
Last analysis that nailed the top:
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ZRX topped at a Golden fib as posted above.
We have now dropped to sister Golden below.
This would be a good spot for bulls to step up.
It is PROBABLE that we orbit this Golden for a while.
It is POSSIBLE that we bounce here and resume uptrend.
It is PLAUSIBLE that we break below and continue down.
The velocity of last leg down looks scary.
The Golden Fib did abruptly stop the drop.
If it fails then look to each fib below next.
Last analysis that nailed the top:
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Nota
Golden fib was pierced, but reclaimed Zoom in (m5)
And we got a Ping entry.
"Ping" = exact ricoceht from fib, like:
"give me a ping Vasilly, one Ping only please:
Zoom in MORE (m1) at current PA
Nice test and reetest of the next fib aboce,
a "minor" ratio but would make a nice support.
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