Long
[Short Term] ZCL bears getting exhausted
DMI shows declining Negative Directional Movement (bear pressure), ADX line below 25 means weak trendforce.
Stoch RSI shows a hidden bullish divergence in relation to recent price action.
Possible triple bottom? (does it count as such?)
Bears are getting exhausted, if ZCL manages to break above 67-68 range we could easily see a target of 7387.
Buy Zone: 6281-6419
Target Range: 7311-7441
Stoch RSI shows a hidden bullish divergence in relation to recent price action.
Possible triple bottom? (does it count as such?)
Bears are getting exhausted, if ZCL manages to break above 67-68 range we could easily see a target of 7387.
Buy Zone: 6281-6419
Target Range: 7311-7441
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.