PoeticVectors

ZRX returns to impulse core

PoeticVectors Updated   
ZRX with impulse core (blue zone) and redux (red retracement). Two interesting fibonacci setups.

  • White circles indicate pings where price has a strong reaction to the fibonacci levels.
  • Impulse core from 2017
Comment:
3 pings on the 1hr chart

Comment:
Price found support after the 8th Fibonacci Time Zone (21) on the 1 week chart which is a potential reversal zone. This is shown in the chart below with the current level of support marked in red as "Point of control".

Comment:
Levels playing out well

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