TRX currently has a huge retracement.
It seems that currently is in Elliot 4th wave and may prepare to a 5th wave.
1d, 4h and lower timeframes Stoch RSI look like wanting to reset
It may also touch the trendline or go a little bit lower.
Even if not so and there is a bull trap, we can take advantage of it.
Looking to sell at older support and resistance levels.
It seems that currently is in Elliot 4th wave and may prepare to a 5th wave.
1d, 4h and lower timeframes Stoch RSI look like wanting to reset
It may also touch the trendline or go a little bit lower.
Even if not so and there is a bull trap, we can take advantage of it.
Looking to sell at older support and resistance levels.
Comment:
Broke the downtrend and is heading to first target
Trade closed: target reached:
First target reached and currently has a pullback... May still go even higher but will not chase the price. Will reanalyze the market.
More details sent in Telegram Channel.
More details sent in Telegram Channel.
Comment:
It seems that my wave count was wrong.
Here is a new idea:
Here is a new idea:
