Possible WXY correction? TRXUSDT
Hello, just a quick look at TRXUSDT, Binance exhange. Im seeing a bunch of ABC's, probably an WXY correction. I see wave A and B have formed for Y wave. C could take a shape of triangle or fall below. Yellow box is golden ratio zone of waves 1-5. Blue box is 0.786.
Right now im expecting to see a triangle, if we fall lower I would start looking for a diagonal or just 5 "normal" waves.
Please comment, share your thoughts, I am a new trader, feedback always helps.
Right now im expecting to see a triangle, if we fall lower I would start looking for a diagonal or just 5 "normal" waves.
Please comment, share your thoughts, I am a new trader, feedback always helps.
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