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Trade Idea: TRX LONG

Opened 2026-03-22 12:26:01 · Valid until 2026-03-23 12:26:01 · Triggered 2026-03-22 12:30:05 · Closed 2026-03-22 16:07:01
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 1.80 Conf 75% Scalp 4-6 hours
Entry
0.31180000
Stop
0.30800000
Targets
0.31500000 / 0.31800000 / 0.32000000
Live price
0.31813700
Live ROI
2.03% vs entry
Idea ID
#9553
Now Entry Stop TP
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Thesis and checks

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

  • 5m chart: Price recently bounced off a strong support zone near 0.3080 with increasing volume, indicating buyer interest.
  • 15m chart: Bullish RSI divergence and a break above a short-term descending trendline suggest upward momentum.
  • 1h chart: Price is above the 20 EMA and 50 EMA crossover is forming, signaling a potential trend shift.
  • Risk-reward ratio above 1.6 with tight stop loss below recent support ensures favorable trade management.

Trade ideas are educational. Manage risk and position size.