Hi to all!
As u can see, TRX had some very nice up, but correction is here!
Price plays a lot out of Bollinger bands, so can expect a pullback. Also look at that nasty doji daily candle from yesterday. Yea, it is green, but that is very bearish candle with long up wick,
RSI Bearish divergences + too overbought
R:R isn't good because of that yesterday wick, but return to golden ratio is 80% more likely for me.
Good luck.
As u can see, TRX had some very nice up, but correction is here!
Price plays a lot out of Bollinger bands, so can expect a pullback. Also look at that nasty doji daily candle from yesterday. Yea, it is green, but that is very bearish candle with long up wick,
RSI Bearish divergences + too overbought
R:R isn't good because of that yesterday wick, but return to golden ratio is 80% more likely for me.
Good luck.