Chart of the Day: ZRX Setup Forming

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ZRX now as a valid leading diagonal (a wave 1 where the subwave iv overlaps i). Diagonals can be suspect so we have to hold with a grain of salt. However, as long as over 56 cents this setup is valid. I prefer to see red B wave here. However, if we get 5 waves into the box, and hold support we may already be in the larger third wave.

ZRXUSD - Primary Analysis - Nov-01 1010 AM (2 hour).png

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Chart of the Day: ZRX Setup Forming | Ecency