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PolarHusk
29. Jan. 2021 16:25

ZK INTERNATIONAL (Key Support Found?)ย 

ZK International Group Co., LtdNASDAQ

Beschreibung

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๐Ÿ’ŽTechnical Analysis Summary๐Ÿ’Ž



NASDAQ: ZKIN

-The price respected the 0.5 Fib support level twice
-Today's candle is the confirmation of a new support area
-Currently, ZKIN is testing important resistance trendline
-This is the level that needs to break to continue its upward move
-If this resistance level can't be broken today
-Next week trading would be really interesting
-Because we will have a decision-making scenario
-Technically, the market is shifting from ranging to an uptrend
-Our trading bias or priority remains on the Bullish side
-If you are aggressively entering for Long position
-You should place a stop loss below 0.5 Fib
-But if you want a conservative entry point
-Waiting for the trendline resistance breakout is the next option
-Please always have a trading plan and execute them properly
-I will publish a new analysis once new data come into play



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Not Financial Advice ๐Ÿ’ธ
Please Exercise Risk Management ๐Ÿ’ฑ
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Kommentare
KlejdiCuni
โ‹…
Simple and Clear.Thanks for sharing!
abel11
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I love this method
elsacatherine007
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Nice chart
ProSignalsFx
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Waiting for the breakout!
FXtrades-gp
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Lovely chart ! Thanks for sharing ๐Ÿ˜๐Ÿ‘Œ
TheSignalyst
โ‹…
Fantastic view here. I like that
Stargazer_fx
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great analysis mate
PolarHusk
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@Stargazer_fx, Thank you! ๐Ÿปโ„๏ธ๐Ÿ™๐Ÿ˜Š๐Ÿ˜ƒ
mastershark
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๐Ÿ”ฅ๐Ÿ”ฅ
PolarHusk
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@mastershark, Thanks a lot ๐Ÿปโ„๏ธ๐Ÿ™๐Ÿ˜Š๐Ÿ˜ƒ
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