ZRXUSD retrace watch again: 0x hit targets and is pulling back

10 thg 3, 2019

ZRX made another wave up, which finished exactly at a 5.618.
The pullback so far resembles and ABC correction, staring C now.
Green zones represent support zones to watch for possible bounce.

Previously I was looking for a retrace to enter, which I did per this plan:

the above long was executed with a "Ladder" of limit buys between the two support zones.

11 thg 3, 2019

Ghi chú

Nice little bounce exactly where expected (first zone anyway)

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11 thg 3, 2019

Ghi chú

Dissecting the drop, we see a perfect 4.236 wave (possibly an 'A' of abc coming) and we see some local resistance zones now.

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11 thg 3, 2019

Ghi chú

Note to self: Never again discount a 2.618 I normally have great reverence for 2.618's, but was swayed to the 2.236 as resistance due to its confluence with green 4.236. But clearly the 2.618 by itself was significant.

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11 thg 3, 2019

Ghi chú

Bounce holding up pretty well, but still need to get past the immediate resistance zone above

13 thg 3, 2019

Ghi chú

Made serious progress even past resistance zones. Now watching the correction