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WEEKLY: Right Chart
TRX is sitting around strong support in green so we will be looking for buy setups on lower timeframes.
DAILY: Left Chart
TRX is forming an inverse head and shoulders pattern but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, TRX would be overall bearish can still trade lower inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WEEKLY: Right Chart
TRX is sitting around strong support in green so we will be looking for buy setups on lower timeframes.
DAILY: Left Chart
TRX is forming an inverse head and shoulders pattern but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, TRX would be overall bearish can still trade lower inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
