Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartTRON/ U.S. dollar(TRXUSD)TRXUSD Elliott Wave Technical AnalysisFunction: Follow trendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: wave V of ImpulseWave Cancel invalid Level: 0.1051Details: the five-wave increase of Wave ((3))TRON/ U.S. dollar(TRXUSD)Trading Strategy:
Overall, TRON is still in an uptrend. It is likely to be higher than 0.1442, so we will focus on a five-wave rising impulse pattern, looking for opportunities from the correction 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 ChartTRON/ U.S. dollar(TRXUSD)TRXUSD Elliott Wave Technical AnalysisFunction: Follow trend Mode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: wave V of ImpulseWave Cancel invalid Level: 0.1051Details: the five-wave increase of Wave ((3))TRON/ U.S. dollar(TRXUSD)Trading Strategy:
Overall, TRON is still in an uptrend. It is likely to be higher than 0.1442, so we will focus on a five-wave rising impulse pattern, looking for opportunities from the correction 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.Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.com More By This Author:Elliott Wave Technical Analysis: Caterpillar Inc. – Wednesday, July 3
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