🔥 TRX: 1.5 Year Bearish Triangle For Patient Traders

18 בנוב׳ 2022

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.