ZRX returns to impulse core

20 May 2022

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
  

3 Haz 2022

Not

3 pings on the 1hr chart

9 Haz 2022

Not

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".

23 Kas 2022

Not

Levels playing out well