Weekly level must hold for trend progresson. High Trend Line will be challengfed ; if broken, attempts at hourly, then daily and finally monthly levels. Support must be found for move up. If weekly level fails, then expect drop to lower wedge line, this point wold be considered the safest buyzone.
Note
ZRX dropped down to the red trend line
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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.