Falling wedge, we are in a downtrend so far.Bullish signal is if falling wedge is broken upwards whit the close of a daily candle above. Looks like ZCL is about to move up a bit we are at bottom of wedge and RSI is low. Target around 0.00075. This is not an financial advise, do your own research.
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The bounce to 0.00075 never happened instead ZCL has been moving sideways and is now touching the upper side of the wedge at around 0.0006, we can fall down from here or break up and have a run. Sell or keep up to you, good luck.
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Yes, ZCL broke up and is on the run to the target, can go even higher no one can tell for sure.
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New target 0.00093, buy in at 0.0006 or below, stoploss at 0.00048 in case we break down. Time frame 1 -2 weeks.
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Stoploss can also be placed at 0.00054 for a more tight stoploss (just below 0.786 fib.)