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TRXZ18 Short [45.58% Profit Potential]
TRXZ18 Short [45.58% Profit Potential]
By shaggad
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Updated
Dec 6, 2018
6
2
2
Dec 6, 2018
Remember to like!
Looks like TRX is about to go down. Lets short it.
Trade: Short TRXZ18
Current Price: 0.00000362
Time Frame: 4 Hour
Leverage: 15x
Current Resistance: 0.00000339
Buy in: 0.00000361-0.00000364
Take Profits:
(1). 0.00000359
(2). 0.00000356
(3). 0.00000353
(4). 0.00000351
Stop Loss: 0.00000370
Estimated Liquidation Price: 0.00000376
Profit Potential: 45.58% ROE
Capital Allocation: <10%
Dec 6, 2018
Note
Reasons for this trade:
1. MFI (money flow indicator) going down
2. RSI trending down
3. MACD trending down
4. Overall trade volume going down
Clear easy short. Remember to like and support for more winning trades.
Dec 6, 2018
Note
Targets (1) and (2) Reached. 24.86% ROE Booked so far.
Dec 7, 2018
Trade closed: target reached
TRX short all targets reached. 45.58% ROE booked.
Chart Patterns
Technical Indicators
Trend Analysis
TRX
TRXZ18
shaggad
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