BZRX has been trading inside this big channel for quite a while now. Zoom out for a better overview.
My expectation is that BZRX will continue to grow for a short while until it reached the 0.54 area, after which I expect a small pull-back towards the 0.5 support. This support is also out entry at that point.
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!
My expectation is that BZRX will continue to grow for a short while until it reached the 0.54 area, after which I expect a small pull-back towards the 0.5 support. This support is also out entry at that point.
On the chart Iâve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!
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