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TRX - Bullish Gartley

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Bullish Gartley and some indecision candles being shown in the PRZ, still waiting for an affirmative bounce!
More than 50% of the indicators I look at are showing bullish divergence with probably another 25% recording oversold conditions.

Price is at a confluence of prior resistance potentially turned support, possible new trendline (green dotted) and the Gartley.
Square up (purple dotted) and prior mid term trendline (purple) provide further support <100 sats below.

Option for a short trade, buy upon a confirmed bounce at close to this price, sell at the orange downtrend line and place stop loss below the square up at 950 for a 2.8x risk:return ratio.
Pesanan dibatalkan
PRZ reversal wasn't confirmed. Wait for next bounce and reconsider. Will updated tomorrow.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.