TRX - 3 cycles
Cycle 1: The TRX is about to complete the Crab partern pattern, where the strong buying trend appears to push prices back up. However, this is not the main trend of the TRX. It is expected that this cycle will peak at the end of August.
EP: 333
TP: 600
TG: 670 (200%)
Notice the point of sale in TG 670 is the Break Out of the Crab model. Overcoming this milestone we moved the selling point to the region> 1000 sts
Cycle 2: Continuously decreased to 215 sts and returned to uptrend. In this area, the TRX checks the break out point in the previous 5 down wave area to complete the a-b-c correction pattern in the H4 cycle. This is the second major bullish wave after the previous strong bull cycle.
EP: 220
TP: 1000
TG: 1370 (500%)
At this point the stop loss is determined immediately below the EP. If the stop area is broken we will transfer the new EP of the TRX to less than 100 sts
Cycle 3: Slow motion and step back into downtrend. In this area, the major sellers return, the TRX returns to the downward wave after a long term uptrend to complete the A-B-C wave in the D cycle. We will place the buy zone in the area less than 100 sts
Break Out points we set a stop loss of about 5%
If you like, please share and share. Please contribute to us to improve
Sincerely, thank you!
Cycle 1: The TRX is about to complete the Crab partern pattern, where the strong buying trend appears to push prices back up. However, this is not the main trend of the TRX. It is expected that this cycle will peak at the end of August.
EP: 333
TP: 600
TG: 670 (200%)
Notice the point of sale in TG 670 is the Break Out of the Crab model. Overcoming this milestone we moved the selling point to the region> 1000 sts
Cycle 2: Continuously decreased to 215 sts and returned to uptrend. In this area, the TRX checks the break out point in the previous 5 down wave area to complete the a-b-c correction pattern in the H4 cycle. This is the second major bullish wave after the previous strong bull cycle.
EP: 220
TP: 1000
TG: 1370 (500%)
At this point the stop loss is determined immediately below the EP. If the stop area is broken we will transfer the new EP of the TRX to less than 100 sts
Cycle 3: Slow motion and step back into downtrend. In this area, the major sellers return, the TRX returns to the downward wave after a long term uptrend to complete the A-B-C wave in the D cycle. We will place the buy zone in the area less than 100 sts
Break Out points we set a stop loss of about 5%
If you like, please share and share. Please contribute to us to improve
Sincerely, thank you!