TRX may not break straight out into a wave 3, it could take longer depending on the market, my lines do not show in anyway how this will occur as I have not went into a smaller time frame to count subwaves - it's just an example! If a breakout does occur then your targets are the 1.618, 2.618 or 4.272 regions. As stated, be careful when buying the breakout for bearish divergences on a 1-4hour time frame as it could be a shorter term bull trap which may lead to buyers remorse!