Type: Bullish ContinuationKey Levels:Resistance:1508.75Pivot:1469.00Support:1423.25Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance level at 1508.75, where the previous swing high is.Alternative Scenario:Price may head back down to break the pivot at 1469.00, where the previous high and 78.6% Fibonacci line are before heading to the support at 1423.25, where the 38.2% Fibonacci line is. Fundamentals:There are no major news.
Source link
.png)
