Looking at the 1 hour chart trx appears to be oversold as well as showing bearish divergence. Ideally we need to see the rsi peak close lower than the previous peak. It is still too soon to confirm bearish divergence but I am still bias towards a short term dip over the next day or two. I think it will fall to roughly 897-917 before going back up . I will post an update in the next day or two
Commentaire:
Fell into green box however it is looking bearish. Too soon to call for a further dip.