EuroMotif

ZRXUSD just kissed a dreaded 9.618, get ready for pullback

EuroMotif Mod Updated   
Quick post to alert that ZRX has just hit a 9.618 extension.
The 9.618 is very often the Murderer of Moves, so be alert.
Most common pullback zone is the 4.618-4.236 extensions.

This will be a gauge of the true strength of this bullish move.
If it blows past the 9.618, be wary of a "bull trap" and collapse.
Or if gets past 9.618, retests, and bounces, then bulls are strong.

This bounce was EXPECTED per this plot I posted 3 days ago (click).
But now it might time to pullback and reload down lower.
I have closed 1/2 of my longs, and rest are on trailing stops.


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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

Currently in Play:
LTC healthy bounce
BTC to 21k ?
EOS bounce Watch
ZRX going full Bull
Alt Extinction Event?

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LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
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ZRX breakout (massive Profits, short wait)
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Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Comment:
wow, blew right through it after a little pullback This may well be the Bull Trap that overshoots. Lets see what it does. I am trailing my stops now.

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