TRX is still over this curve, so still in game. A scalping opportunity maybe... Enter: 157-158 (long) Exit1: 160 Exit2:161 Exit3: 162
Stoploss if the curve like support is broken downwards.
General rules in my trades (scalping/ intraday trading): -Exit1 and Exit2 is recommended generally, Exit3 is for risk lovers only. -If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading. - I would not recommend a high leverage trading. - SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
- IF YOU LIKE MY TRADES/SCALPES SO FAR, PLEASE FOLLOW ME:)
@SDlektric, I try to focus on scalping, intraday trading and rarely short term trade and believe that the long term price of anything depends mainly on the fundamental analysis and only to some extent on the technical analysis. I would not like to mislead you:)