TRX Head test or continuation pattern?
At 60min / daily I see a bigger SHS. On the smaller time frames there is a possibility - first of all of a IHS with a consolidation period right now around 2,49 neckline. This IHS could create a later head test with a reach of the 1,27 fib. From there on...let's wait and see. Gold is still weak and could still be working on a double bottom in the 1200 area. The clouds on this development hasn't cleared yet
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Website:
Instagram: instagram.com/CoinedByCrypto
Twitter: twitter.com/CoinedByCrypto
Instagram: instagram.com/CoinedByCrypto
Twitter: twitter.com/CoinedByCrypto
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.