TRX/USD Long Setup (30m Chart)
Price formed a consolidation base around 0.3100 after a strong drop. I entered long on a potential bullish breakout above the short-term structure, targeting partial profits at key resistance levels:
TP1: 0.3195
TP2: 0.3257
Stop loss is set below recent support near 0.3063.
Entry is based on a possible reversal and EMA resistance break.
Price formed a consolidation base around 0.3100 after a strong drop. I entered long on a potential bullish breakout above the short-term structure, targeting partial profits at key resistance levels:
TP1: 0.3195
TP2: 0.3257
Stop loss is set below recent support near 0.3063.
Entry is based on a possible reversal and EMA resistance break.
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.
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.