TRX has been retracing nicely on the daily. Looking for a further retrace to the 200 EMA which also responds to a fib level. Could possibly also retrace to the 314 EMA. Looking for a directional change above the 8 EMA for confirmation. Not in a buy zone yet, but keep an eye on this one.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.