TRX triangle breakout
Updated
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Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.
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Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.
- ENTRY: @ 0.06270
- STOPLOSS (SL): local high @ 0.06093
- TARGET (TP): height of the triangle projected from midpoint of the local range @ 0.06905
- REWARD RISK RATIO (RRR): 3.3
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Comment
Finally lifting up? Check how price glided down on the triangle upper edge repeatedly backtesting it until it fired up.Comment
Boom! Target hit! 🎯Trade closed: target reached
Comment
Check the strong rejection after reaching the taget. Price dropped back down to the local range midpoint @ 0.06188 to retest it. Support found and TRX bounced up...Comment
...and price went straight to the target again! TRX looks strong. Stay tuned ... new TRX setup coming soon!
Comment
Check the new Tron setup down below👇 
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