Panjang
ZRXUSD 1h Trade Idea - 23/03/2018
As per mentioned in previous idea, cycle ended on 19003/2018 low at 0.35108044. Since then, ZRXUSD bounced in a 5 waves move (confirmed by RSI divergence), therefore I see an opportunity to go long after the correction of cycle from 22/03/2018 high is completed in a 3 waves sequence.
Stop will be below the 161.8% extension even though invalidation level is 0.351080, but if it extends, it can mean that we have a 5 waves down - calling for another 5 waves move after bounce - or that a double correction is developing.
Stop will be below the 161.8% extension even though invalidation level is 0.351080, but if it extends, it can mean that we have a 5 waves down - calling for another 5 waves move after bounce - or that a double correction is developing.
Pesanan dibatalkan
First 3 waves down truncated at 61.8%-78.4% extension. From there bounced in 3 waves. Expect double correction lower to buy 100% if reached, stop below 0.3510. Will close this Idea and link it to new chart
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.