Trade Idea: TRX LONG
Opened 2026-01-16 14:50:48 · Valid until 2026-01-17 14:50:48 · Triggered 2026-01-16 14:53:01 · Closed 2026-01-16 20:56:02
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 1.80
Conf 75%
Scalp
hours
Entry
0.30730000
Stop
0.30400000
Targets
0.31000000 / 0.31250000 / 0.31500000
Live price
0.30971100
Live ROI
0.78%
vs entry
Idea ID
#6919
Now
Entry
Stop
TP
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Thesis and checks
Analyzing TRX on multiple timeframes reveals bullish confluence suitable for a scalp trade:
- 5-minute chart: Price is bouncing off a recent support level near 0.3040 with a bullish engulfing candle pattern.
- 15-minute chart: RSI is recovering from oversold territory, indicating upward momentum.
- 1-hour chart: Price is above the 20 EMA and forming higher lows, suggesting a short-term uptrend continuation.
- Risk-reward ratio is favorable at 1.8 with tight stop loss just below support and multiple take profit levels near recent resistance.
Trade ideas are educational. Manage risk and position size.