TRB Analysis
TRB has completed an impulsive wave up and is showing a rejection at the 61.8% retracement of the past high and the 2.382 Fibonacci extension. I am looking for a short term correction. There is Fibonacci confluence around $116-$118. I would expect this overall uptrend to continue towards at least $162. This set up will fail below $106.
TRB has completed an impulsive wave up and is showing a rejection at the 61.8% retracement of the past high and the 2.382 Fibonacci extension. I am looking for a short term correction. There is Fibonacci confluence around $116-$118. I would expect this overall uptrend to continue towards at least $162. This set up will fail below $106.