$TRX rejection at resistance: a cautionary tale
$TRX will continue to trade bearish until it breaks below 0.3144, where it will test the SMA25.
SMA7 > SMA25
10-bar trend: sideways
Last candle: bearish
A daily close above 0.3336 invalidates this setup
Will $TRX finally break below 0.3144 or bounce back?
$TRX will continue to trade bearish until it breaks below 0.3144, where it will test the SMA25.
SMA7 > SMA25
10-bar trend: sideways
Last candle: bearish
A daily close above 0.3336 invalidates this setup
Will $TRX finally break below 0.3144 or bounce back?