TRBUSD has posted a quite big bearish divergence on the daily chart. We've now broken down a bit and started consolidating.
I still don't know the reason for this pump in the first place, but looking for a breakdown of this pennant and price to head back to fair value.
Confirmation on break below and potential retest of underside of pennant. I've been short for a while and being eaten alive in funding - the market can probably stay irrational for longer then i stay solvent, but lets see how this finally plays out..
I still don't know the reason for this pump in the first place, but looking for a breakdown of this pennant and price to head back to fair value.
Confirmation on break below and potential retest of underside of pennant. I've been short for a while and being eaten alive in funding - the market can probably stay irrational for longer then i stay solvent, but lets see how this finally plays out..
Note
Looks like the trend line, has broken here, finally time for this to break down.Note
Lower high is in and lower low also.Note
absolute perfection with this underside retest here, couldn't be any cleaner Note
beautiful, price has rolled down into the first s/r level and met with small bounce - this level was 2022 high, not expecting it to hold, but considering this seems to be playing out quite slowly, could be stuck here a while. Note
wild, gravity dont effect TRB, partial profits taken, stopped on the rest, huge reversal.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.