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