TRXUSDT Analysis - 07.05.22
Scalping levels is the way to go here. My setup doesn't allow for entries at this point, but an aggressive trader, can identify good entry points and short up to -10% mkt change.
5 waves in(1-5), expecting a little pullback up, before the final leg down. The 5th terminated the same level as the 3rd, possible cause we had a deep retracement from the 4th, however there are chances that we can still be playing some flat correction unfolding in the 4th wave, which will be followed by a huge wave up, marking the completion of (1-5). The former makes more sense in the meantime and I wouldn't dismiss the idea of a possible move up, at least at this time.
Happy trading!
5 waves in(1-5), expecting a little pullback up, before the final leg down. The 5th terminated the same level as the 3rd, possible cause we had a deep retracement from the 4th, however there are chances that we can still be playing some flat correction unfolding in the 4th wave, which will be followed by a huge wave up, marking the completion of (1-5). The former makes more sense in the meantime and I wouldn't dismiss the idea of a possible move up, at least at this time.
Happy trading!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.