Question based on MMR

Hello. This season I was gold 5 in Solo Q and gold 3 in Flex Q in TR server. Then I decided to transfer my account to EUW. Now my Solo Q is gold 3 and Flex Q is Silver 2. I'm honor level 1 right now and I want to receive the ranked rewards before the season ends. My friend told me that if I transfer back to TR, my honor level will reset to 2. 1) Is this information correct? 2) What will happen to my MMR when I go back to TR. Will I start as unranked, or gold 3 as before?
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