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Elliott Wave Analysis TradingLounge Daily Chart,

TRON/ U.S. dollar(TRXUSD)

TRXUSD Elliott Wave Technical Analysis

Function: Follow trend    

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher Degrees: wave V of Impulse

Wave Cancel invalid Level: 0.1051

Details: the five-wave increase of Wave ((3)) 

TRON/ U.S. dollar(TRXUSD)Trading Strategy:

A five-wave increase in the Impulse pattern, with the second wave now appearing to be complete. And the price increased again during the third wave. The overall picture therefore increased again. Look for opportunities to join the upward trend from the correction.

TRON/ U.S. dollar(TRXUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Elliott Wave Analysis TradingLounge H4 Chart,

TRON/ U.S. dollar(TRXUSD)

TRXUSD Elliott Wave Technical Analysis

Function: Follow trend    

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher Degrees: wave V of Impulse

Wave Cancel invalid Level: 0.1051

Details: the five-wave increase of Wave ((3))

TRON/ U.S. dollar(TRXUSD)Trading Strategy:

A five-wave increase in the Impulse pattern, with the second wave now appearing to be complete. And the price increased again during the third wave. The overall picture therefore increased again. Look for opportunities to join the upward trend from the correction.

TRON/ U.S. dollar(TRXUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Technical Analyst : Kittiampon Somboonsod

Source : Tradinglounge.com get trial here!

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