TRX New Trend Trade Setup

20 בינו׳ 2018

Chart is kind of busy, had to delete and make a new one. Breakout is above the PURPLE line (unlikely right now). New trend is more likely on the dotted lines, I am looking for a reloading point where some candles bounce off of the 15min bollinger band. That is the lowest risk setup and the highest risk:reward setup. Stop loss will be below the last established peak. This could be a long term hold if it is a full reversal, or it could be a continuation of the price breakdown from the last huge trend so keep that in mind.