TRON (TRX): A Primary & an Alternate

SUMMARY

The very long symmetrical triangles in both price and MACD for Tron (TRX/USD) differ mostly in the fact that the price has broken out but MACD has not yet. This is bullish. Once MACD does breach and breakout of its symmetrical triangle, price can potentially go wild.

The alternate would be more of a non-vertical incline as shown by the saucer pattern. But, prior behavior of vertical ascent makes this scenario a clear alternate.

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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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