Z1P is in a massive Rising Wedge as we can see here on my Log Chart-
It clearly respects the trendline of the pattern. We can use this to our advantages by taking profits at the top and accumulating positions at the bottom of this channel compounding wealth.
The moment Z1P reaches the top of the rising wedge, it will either break out to the upside or to the downside to start a new trend.
I believe on a fundamental basis, Z1P has a higher probability of breaking to the upside.
#Happy-Trading
It clearly respects the trendline of the pattern. We can use this to our advantages by taking profits at the top and accumulating positions at the bottom of this channel compounding wealth.
The moment Z1P reaches the top of the rising wedge, it will either break out to the upside or to the downside to start a new trend.
I believe on a fundamental basis, Z1P has a higher probability of breaking to the upside.
#Happy-Trading