TRX has broken a big down trend recently and is showing signs of comeback.
Fibs line up with support and resistance and should see a short term trade long here.
Risky but rewards are high.
Our last trade got stopped out due to EOS crossing below a long up trend now having a change in market structure.
Personally I am looking at 2 entries here (blue boxes). Time your entries with a change bouncing off these support lines.
SL according to your own Risk Management.
STEEM once again at a strong SR level. Its still in a very strong uptrend pattern. I am watching this like a hawk and waiting for a break in support with a 4 hour candle conformation followed by a bullish engulfing.
May as well follow this trend while its going up cheeky 5% gains within the channel.
Keep stop loss below the trend line to allow for sneaky wicks stopping you out.
Trade duration 2-3 days.
Based off holding support at the 2020 level and following a clear uptrend. I believe we are going to rise and retest the 2060 level before another rise to 2286 again. Will be waiting for a hammer or bullish engulfing in my buy zone.
