Looks as though TRX may be correcting after it's recent impulsive move up. %R in the sell zone (-80 to -100), Rainbow MA is bearish and looking to hit the red box (-138.2%).
If we bounce up from there my assumption is that we will continue upwards towards the marked targets (green boxes).
Will wait for further clarification on the downside to adjust what is needed.
// I am not an investment advisor. This is not financial advice. Just some guy on the internet with an opinion.
If we bounce up from there my assumption is that we will continue upwards towards the marked targets (green boxes).
Will wait for further clarification on the downside to adjust what is needed.
// I am not an investment advisor. This is not financial advice. Just some guy on the internet with an opinion.
Note
1HR Chart, a closer look. Daily S2 confluence with 78.6% fib retracement on the larger scale & the shorter term 138.2% level. A possible trend change at those levels. Will update as it progresses.
Note
Updated here: 
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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.