I expect TRX to go down to 500-530 zone, which is 0.618 Fibo.
However, this variant will reject if TRX goes up to 730 and breaks this level, then it will mean that:
1) This is not an ABC correction, and possible flat may occur.
2) The correction is already done and the upward trend will continue(Very low probability)
On the chart below, I showed how I see this correction on 15m TF and to my opinion we only have A wave and the beginning of the B wave.
To see more deep analysis of TRX you can join my Telegram channel("Location" in my profile).
However, this variant will reject if TRX goes up to 730 and breaks this level, then it will mean that:
1) This is not an ABC correction, and possible flat may occur.
2) The correction is already done and the upward trend will continue(Very low probability)
On the chart below, I showed how I see this correction on 15m TF and to my opinion we only have A wave and the beginning of the B wave.
To see more deep analysis of TRX you can join my Telegram channel("Location" in my profile).