TRX – Bullish right nowm but does it have enough steam?
Hi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
TRX is showing bullish momentum. However i got a sell signal from 2H and 3H timeframe.
My calculations are making it possible to try to put SL just right above the previous high.
Here is the trade:
SL: 0,07021 -4,79 %
Entry1: 0,067
Entry2:
Take Profit 1: 0,06253 6,67 %
Take Profit 2: 0,06165 7,99 %
Estimate trade duration: 2 days
Estimate time to close the trade: 03 May- 04 May
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Feel free to ask me any questions related to the idea in the comment section – i’ll be glad to reply.
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Bye-bye!
Good Luck!
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Chart Code:
Pastel Green Vertical Line – Long Signal (iJustCoin Phoenix Reader Strategy)
Pastel Red Vertical Line – Short Signal (iJustCoin Phoenix Reader Strategy)
Red Dashed Lines – Downward Reversal Momentum
Green Dashed Lines – Upward Reversal Momentum
Green Rectangle – Buying Area
Red Rectangle – Selling Area
Red Line – Stop Loss
Bold Aqua Dotted Line – Estimate Price Direction
Yellow Dotted Lines – Estimate Timerange of the price target might be getting hit
Orange Dotted Line – Profit taking Point
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