TRXUSD more continuation down?

2020년 7월 14일

Hi everyone:

TRXUSD here on the higher time frame is developing into a channel structure, potentially more downside opportunities.

We see the overall price action is bearish, price has been in many bearish impulsive move, followed by larger, deeper corrections.

What I would like to see in the up coming days/weeks would be price to make another push up to the top of the channel, and look for reversal price action structure from there.

Or simply wait for a confirm break out of the channel, and any continuation correction on the lower time frame would be ideal entry.

Thank you