🚨 $TRX — THE MARKET ENDED UP GIVING US THE REASON
$TRX update. 👀
Yesterday I told you that the move was already starting to show weakness and that the bearish structure could lead us to look for lower zones.
And it didn’t take too long.
⏱️ It only took a matter of hours for the move to be confirmed.
📉 The structure broke.
📉 The price kept falling.
🎯 And finally our TP was hit.
Now, being completely honest…
The TP was too short for us. 😂
The move had the potential to be about a 6:1 trade in terms of risk/reward without too many problems.
But that’s how the market is.
We won’t always capture the entire move.
What matters is that the analysis worked and the money stayed in our pocket. 💰
Now it’s time to do the hardest part:
Don’t force another entry.
We’ll wait for the market to give us a clear opportunity again.
👀 If I see something interesting in $TRX or any other asset, I’ll update you.
Would you have closed at that TP, or would you have tried to let the position run?
#TRX #crypto #trading #altcoins #BinanceSquare