TRXZ18 Short [45.58% Profit Potential]

Dec 6, 2018

Remember to like!

Looks like TRX is about to go down. Lets short it.

Trade: Short TRXZ18

Current Price: 0.00000362

Time Frame: 4 Hour

Leverage: 15x

Current Resistance: 0.00000339

Buy in: 0.00000361-0.00000364

Take Profits:

(1). 0.00000359
(2). 0.00000356
(3). 0.00000353
(4). 0.00000351

Stop Loss: 0.00000370

Estimated Liquidation Price: 0.00000376

Profit Potential: 45.58% ROE

Capital Allocation: <10%

Dec 6, 2018

Note

Reasons for this trade:
1. MFI (money flow indicator) going down
2. RSI trending down
3. MACD trending down
4. Overall trade volume going down

Clear easy short. Remember to like and support for more winning trades.

Dec 6, 2018

Note

Targets (1) and (2) Reached. 24.86% ROE Booked so far.

Dec 7, 2018

Trade closed: target reached

TRX short all targets reached. 45.58% ROE booked.