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.
Note
Broke the downtrend and is heading to first targetTrade fermée: cible de profit atteinte
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.
Note
It seems that my wave count was wrong.Here is a new idea:
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.