Week 18: ZSK2021 Consolidation .. wait for a break
The big drop last week was not sustainable; it was a big seller momentum but the price did not manage to breakthrough $15.20 level; it failed twice (double bottom).
Therefore, currently the price is in range $15.20 to $16.00.
On the side note, in H4 (as I write this), the current 3 candles are pushing higher with a small gap in between; it shows the Buyers are back in the game and pushing hard.
The question is whether this push will break $16.00 to create a Higher High, we shall see.
Therefore, currently the price is in range $15.20 to $16.00.
On the side note, in H4 (as I write this), the current 3 candles are pushing higher with a small gap in between; it shows the Buyers are back in the game and pushing hard.
The question is whether this push will break $16.00 to create a Higher High, we shall see.
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