🔥 TRX: 1.5 Year Bearish Triangle For Patient Traders
Over the course of the last ~1.5 years, TRX has been forming a massive bearish triangle pattern. Bearish triangles classically break bearish, so that's what we're going to look at today.
Be aware that this is a trade for the patient trader. Wait for the break of the lowest purple support before scouting an entry.
Since the support has been holding for so long, a break of said support can lead to a massive sell-off because of all the stop-losses below it. Targets in blue.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.