Hello friends
zrx is moving up strongly and has broken its weekly dynamic trend line with high volume and has now pulled back into it and is a very good area to buy.
If we draw a Fibonacci from the last previous bearish wave (top A to bottom B), our upside target will be the 61.8% Fibo, which overlaps with the support line that the price fell after breaking. This line has become a strong resistance.
zrx is moving up strongly and has broken its weekly dynamic trend line with high volume and has now pulled back into it and is a very good area to buy.
If we draw a Fibonacci from the last previous bearish wave (top A to bottom B), our upside target will be the 61.8% Fibo, which overlaps with the support line that the price fell after breaking. This line has become a strong resistance.