Target approaching. 1W Channel Down intact. Short.

The 1D Channel Up broke to the downside before hitting the 0.030 Resistance and an aggressive downtrend emerged (oversold STOCH, STOCHRSI, Williams) for TRXUSD on what is the new bearish leg of the 1W Channel Down (RSI = 43.029, CCI = -128.9316). The Lower Low on this Channel is the 0.009634 target extension but before that we maintain a more moderate TP = 0.01410 (December 16, 2017 low).