SmokeyRidgeTrader

SmokeyRidgeTrader Updated 

Looking at value; long AUD .382 and short DXY .618

SmokeyRidgeTrader

My thoughts on TRX, I think were in the handle of our cup, my earlier thought was that the handle would correct at a little higher price. Theories to support thoughts: working against elliott wave, still have room to fall on RSI and MACD, EMA & SMA still down trending. Any input is appreciated. Happy trading

SmokeyRidgeTrader

Better View

SmokeyRidgeTrader Updated 

Update on TRX I believe were moving into a lateral trending market, sketchy territory for the short trade (good area to lose gains) don't get chopped up! on the Daily were battling resistance at what once was previous support as the saying goes "what was support is now resistance and what was resistance is now support" hopefully in the days to come. So back to...

SmokeyRidgeTrader

Based on previous supports if TRX does correct on the short support levels 1 - just above FIB .618 2 - just below FIB .5

SmokeyRidgeTrader

UPDATE ON DAILY

SmokeyRidgeTrader

MACD looks like it'll continue to bounce Elliott Wave theory still working up RSI in shorts recovering well around 1500 - 1600 sats seems like good correction point if TRX breaks previous high just under 1700 sats I think we'll see 2k Just my thoughts any input is appreciated.

SmokeyRidgeTrader

Don't see a breaking down past FIB .5, If FIB .78 is broken thru good, my thought is TP zone is FIB 1 : 689 - 780 not a financial advisor used for TA self reference any input is appreciated Happy Trading

SmokeyRidgeTrader Updated 

Utilized for self TA Critiquing. Happy Trading