As expected in the previous post, ZRX broke the falling wedge and now retesting it at the 0.618 of the breaking move! A good spot to buy with tight stop loss.
I used 5.5% SL. You can use tighter to be save but I'm more optimistic and don't want to ruin this opportunity with a falling wick!
Targets are shown in the chart..
Happy trading :)
I used 5.5% SL. You can use tighter to be save but I'm more optimistic and don't want to ruin this opportunity with a falling wick!
Targets are shown in the chart..
Happy trading :)
Trade active
First target reached!
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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.
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.