TRX - Zoom out to weekly breaker
Lets get TRX in perspective - big picture. HTF.
We had a good rally Feb/March prior to the announcements of BTT and the incessant shill from the King of Shill - Justin.
But look at the weekly chart. Looks slightly worrisome.
Personally looking for a change in Market Structure on Weekly which means a strong reaction needed at the daily breaker. If the daily breaker fails, we go to weekly breaker and wait for either a Bullish SFP and change in Market Structure....or......we look down below.
Its hard to believe the Shillmeister would let the weekly fail and TRX falls to sub 200's....but lets see what we get - first eyes on daily breaker.
We had a good rally Feb/March prior to the announcements of BTT and the incessant shill from the King of Shill - Justin.
But look at the weekly chart. Looks slightly worrisome.
Personally looking for a change in Market Structure on Weekly which means a strong reaction needed at the daily breaker. If the daily breaker fails, we go to weekly breaker and wait for either a Bullish SFP and change in Market Structure....or......we look down below.
Its hard to believe the Shillmeister would let the weekly fail and TRX falls to sub 200's....but lets see what we get - first eyes on daily breaker.
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daily breaker failure :-)
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7 sats short of weekly breaker - so far :-)
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daily EQ retested and currently rejected - very nice PA
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Weekly breaker fail. Range low weekly demand coming into play now.
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Weekly demand eq tapped right on 330. Nice.
Looking for a change in ms from bearish to bullish before confirming entry.
Looking for a change in ms from bearish to bullish before confirming entry.
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See
for latest trade commentary
for latest trade commentary
Now we look for the reaction.