TRON

Tron reaches 1st target of monthly logarithmic chart patterns

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Tron recently went up and hit the exact measured move target of the logarithmic channel breakout that is also valid as a bullflag. It has just hit the exact breakout target for the channel alone and has begun correcting almost immediately afterwards. You can take one additional easy red ove of the channel starting with the 1st candle wick touch on the top trendline as well and that measured move is a slightly higher target as illustrated here by the dotted pinkish tan colored line. We also then have a higher target than that with a lighter green colored dotted line which will be the target for the entire bull flag that channel is the flag of. Lots more room for upside but it sees we may be correcting a decent amount first before then so hopefully this is an opportunity to get a good entry near the bottom of the correction. *not financial advce*

Penafian

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