Zec just took out last year's low and quickly reclaimed range lows.
- Seems to have broken the short-term bearish structure as well and the volume is picking up.
- If we can make a higher low around the daily block, I'll take a long and look to take it till mid-range as per the setup in the chart.
Context matters so I will keep a close eye on how this one develops over the coming days.
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Approaching buy zone. If this holds then it is an easy long.
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If the area holds long it. If it doesn't wait for a daily close below .0037 to invalidate the idea. If no closes below occur, wait for the RL to be reclaimed and long it.