ZRX is within a upward W-X-Y pattern (at least) which waves W and X were completed but Y hasn't been started yet.
So after completing the correction now it's within it, wave Y will be started.
But please care that I think with high probability the correction will be longer than it shows. Thus every upward movement shouldn't be considered as a uptrend.
So after completing the correction now it's within it, wave Y will be started.
But please care that I think with high probability the correction will be longer than it shows. Thus every upward movement shouldn't be considered as a uptrend.
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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.