TRX Bullish (and More likely than the diametric) Alternative for BINANCE:TRXUSD by Korastiz

Hey guys,

Saw this after I posted my bullish diametric idea for TRXUSD - this pattern is much more complete and less guesswork. It's a NEoWave neutral triangle. It's basically just finishing Wave-E of the triangle and will begin the move up soon. Expect it to break up by at least the longest leg of the triangle (Wave-C).

If we don't turn bullish soon, assume the diametric was correct.

Not trading advice.

Comment:

It was pointed out to me that the triangle here can't be since Wave-A price action is larger than Wave-C, which violates a neutral triangle.

Back to the diametric idea!

Comment:

TRXUSD, Nearing a drop to 10% of it's current value

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.