TRXUSD at or near temporary TOP ? Tron need retrace soon?

9 thg 1, 2019

Looks like a very nice impulse thus far.
Good Fib adherence, good EW adherence.
Well defined 12345 with good sub structure.

But all such waves end, and NEED to retrace.
If wave 5 extends too far, it will retrace harder.
HODL'ers should be wanting an ABC here soon.


Notes:
Drag UP on price scale to remove overlap in red numbers.
Drag DOWN price scale to see more zones above window.
Drag RIGHT on time scale to see more history or more fibs.

Follow this IDEA to be notified when I update (ribbon icon under chart)
Follow ME to be notified of new Ideas as I post them (you know how).
Follow NO-ONE as trade advice, consider viewpoints but trade YOUR plan.

.

.

9 thg 1, 2019

Ghi chú

Here we are, facing serious resistance at the zone we expected to find resistance not a serious rejection yet, but may well be the start of a retrace

.

9 thg 1, 2019

Ghi chú

Preliminary Possibilities could go a little higher yet before retrace, watching the current leg down which is not showing any rhythmic movement yet.
.

10 thg 1, 2019

Ghi chú

I have posted the above as a new Idea, below. Please check that one as I will be posting updates there now.