First of all we seeinf that the $TRX is breaking down the primary trend support. But at this point, Trend-based Fibonacci Extension working well as a support and TRX trying to break Ma21(Simple Moving avarege21). If she break the firsMat indicator (Ma21) resistance in next days, she will try to do same thing for Ema144, Ma200 and Ma50.
By the way, the white lines are the Fibonacci retrecament and the colourful lines are Trend-based Fibonacci Extension. Hope that these sign will help you to take your position while you considering about your own risk.
By the way, the white lines are the Fibonacci retrecament and the colourful lines are Trend-based Fibonacci Extension. Hope that these sign will help you to take your position while you considering about your own risk.
Comment:
Ups, i wrote some wrong things ontext but i hope you will understand what i mean.