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The below chart of Tron (TRX/USD) has very little change from last update. Yes, there is an ABC correctio in progress and this is still within the handle formation as can be seen in the below chart. So, the large Cup & Handle pattern remains still in progress. The white impulse waves still target the $0.34 level or so. What needs to happen? Price needs to start impulsing and breach decisively out of the handle formation.
Here is the daily MACD for TRX. The shorter time frame historgrams are putting in a higher low (yellow line). The MACD white is curling upwards and should soon follow the blue arrow pathway.
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?