If this is it for this local move up, we should be getting the retracement to the red pivot line which should now be a support, which falls right onto the .705 retracement for additional confluence.
If we bounce from there TRX should be targeting at least the 390 level previous high and try to break it, in which case the next target would be 429, but if not, it would signal a weakness.
Original idea by Svarog
If we bounce from there TRX should be targeting at least the 390 level previous high and try to break it, in which case the next target would be 429, but if not, it would signal a weakness.
Original idea by Svarog
