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CoinedByCrypto
Nov 18, 2014 2:30 PM

TRX in a Bowtie move 

TRX Gold CorporationArca

Description

TRX is beginning to show signs of bottoming making a bowtie on the 120 min chart.
On the daily chart it's challenging the Elliott wave ma13 and stopped yesterdays move at the EMA13.
Fisher and Trix system (developed by nmike and JR on this site) looks promising

Notice that the Elliott Wave EMA34 there is a gap... could come in play on further advance

I'm neutral to bullish right now

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@BLawrenceM
Comments
CoinedByCrypto
This time around the 240 min chart is lining up for the same bowtie TRX just had I'll guess monday or tuesday could be the day. But xauusd have to keep level and slowly move north
CoinedByCrypto
Running into resistance on the 10 min chart
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