TRXUSD W4: XABCD BEARS 50% DUMP (SL/TP)(NEW)

30 de jan. de 2021

TRXUSD W4: XABCD BEARS 50% DUMP (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: TRXUSD 4weeks/candle chart review/outlook
::: XABCD BEARS in progress
::: BUT topped out for this cycle already
::: expecting 40-60% correction next few months
::: also distribution in tight range now
::: expecting breakdown soon
::: correction is REQUIRED
::: strategy: SHORT HIGH near market
::: TP1 +50% gains TP2 +65% gains
::: limited upside in 2021 so just SHORT IT
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / SWING trade
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/50% GAINS