Description
⋅ Spot position in ZRX.
Confluence of S/D levels - and a bullish divergence.
Will add more on an outbreak and retest of the green area.
Target 1 is the orange line.
Target 2 is the orange area.
Additional: I dont trade based on Indicator but ZRX seems to form a bullish divergence on daily RSI.
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Comment
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⋅ Running nice so far
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⋅ Nice rally of ~ 13%
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⋅ I would like to see a hourly close above the green area
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⋅ Consolidating on the resistance of the green area, i like that it didnt drop much as a reaction of it so currently i think we will break it soon
Trade active
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⋅ Price broke under level