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Trade Idea: TRX LONG

Opened 2026-04-06 00:05:54 · Valid until 2026-04-07 00:05:54 · Triggered 2026-04-06 00:27:01 · Closed 2026-04-06 18:26:02
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
LONG CLOSED RR 1.75 Conf 78% Scalp 4-6 hours
Entry
0.31900000
Stop
0.31500000
Targets
0.32300000 / 0.32600000 / 0.32900000
Live price
0.32357600
Live ROI
1.43% vs entry
Idea ID
#10171
Now Entry Stop TP
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Thesis and checks

TRX shows a favorable setup for a short-term long scalp based on multi-timeframe analysis:

  • 5m chart: Price recently bounced off a support level near 0.315 with a bullish engulfing candle, signaling short-term buying pressure.
  • 15m chart: RSI is rising from oversold territory, confirming momentum shift upwards.
  • 1h chart: Price is above the 20 EMA and approaching resistance around 0.329, providing clear targets.
  • Risk-reward ratio is above 1.6 with tight stop loss just below recent support, maximizing reward potential within hours.

Trade ideas are educational. Manage risk and position size.