TRX is heading towards its upwards resistance zone.
The red shaded area is a good zone to place short positions.
It's likely that we bottom around the 0.786 fib (blue line).
If we break and close below the green support line, we will be heading much lower.
The red shaded area is a good zone to place short positions.
It's likely that we bottom around the 0.786 fib (blue line).
If we break and close below the green support line, we will be heading much lower.
Comment:
Trade executed! We hit perfectly the resistance box!