Elliott Wave Analysis TradingLounge Daily Chart
TRON/ U.S. dollar(TRXUSD)
TRXUSD Elliott Wave Technical Analysis
Function: Counter trend   
Mode: Corrective
Structure: Zigzag
Position:  Wave ((C))
Direction Next higher Degrees: wave I of Impulse
Wave Cancel invalid Level:
Details: Wave IV  may be complete and the price increase again in Wave V.

TRON/ U.S. dollar(TRXUSD)Trading Strategy:
Overall, TRON remains in an uptrend. Moreover, it looks like the correction is over. And prices are rising again in the fifth wave. But there may be a slight pullback before increasing. So look for opportunities to join the uptrend.

TRON/ U.S. dollar(TRXUSD)Technical Indicators: The price is above 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: Counter trend   
Mode: Corrective
Structure:  Zigzag
Position:  Wave ((C))
Direction Next higher Degrees: wave I of Impulse
Wave Cancel invalid Level:
Details: Wave IV  may be complete and the price increase again in Wave V

TRON/ U.S. dollar(TRXUSD)Trading Strategy:
Overall, TRON  remains in an uptrend. Moreover, it looks like the correction is over. And prices are rising again in the fifth wave. But there may be a slight pullback before increasing. So look for opportunities to join the uptrend.

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

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(Click on image to enlarge)

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