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.
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:
Note
Nice little bounce exactly where expected (first zone anyway) .
Note
Dissecting the drop, we see a perfect 4.236 wave (possibly an 'A' of abc coming) .
Note
Note to self: Never again discount a 2.618 .
Note
Bounce holding up pretty well, but still need to get past the immediate resistance zone above Note
Made serious progress even past resistance zones. Now watching the correction 
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.