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Trade Idea: TRX LONG

Opened 2026-01-14 08:50:57 · Valid until 2026-01-15 08:50:57 · Triggered 2026-01-14 09:29:01 · Closed 2026-01-15 09:19:01
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 1.70 Conf 75% Scalp hours
Entry
0.30220000
Stop
0.29700000
Targets
0.30700000 / 0.31000000 / 0.31300000
Live price
0.30745800
Live ROI
1.74% vs entry
Idea ID
#6830
Now Entry Stop TP
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Thesis and checks

TRX shows a bullish confluence across multiple timeframes supporting a short-term long scalp.

  • 5m chart: Price recently bounced off a strong support near $0.2970 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold levels, confirming momentum shift to the upside.
  • 1h chart: Price is above the 20 EMA and approaching resistance around $0.3130, providing clear target zones.
  • Risk-reward ratio is above 1.6 with tight stop loss below recent support, optimizing reward potential within hours.

Trade ideas are educational. Manage risk and position size.