Zrx looking ready to pop!
RSI is showing bullish divergence on the daily.
Volume is increasing.
MACD histogram is beginning to uptick on the 4H.
These are early signs and it’s looking like it is getting ready to make a move.
Enter between 5900 – 6100
Take Profit Targets:
TP1 9681
TP2 12016
TP3 13903
TP4 15791
TP5 18477
I’d suggest a wider stop on this trade as it looks to be still forming a base. Alternatively sit out for a while and wait and see how the price reacts in this range, and enter once there is confirmation.
Happy trading.
RSI is showing bullish divergence on the daily.
Volume is increasing.
MACD histogram is beginning to uptick on the 4H.
These are early signs and it’s looking like it is getting ready to make a move.
Enter between 5900 – 6100
Take Profit Targets:
TP1 9681
TP2 12016
TP3 13903
TP4 15791
TP5 18477
I’d suggest a wider stop on this trade as it looks to be still forming a base. Alternatively sit out for a while and wait and see how the price reacts in this range, and enter once there is confirmation.
Happy trading.