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pingmat
Jan 11, 2018 9:01 AM

Just an idea..... 

Bitcoin / U.S. dollarBitstamp

Description

Triangle....
Comments
tweedledumrooftile
Hmm.. I had a different idea...
pingmat
@tweedledumrooftile, so far its bounced of the wider resistance line on my pennant - lets see in the morning! :)
HODLBro
Friendly comment: try lining up with the tops of the candles, not the tails - more conservative if you are trading (especially longer term), and in my experience, you will be better prepared to trade/track compression and the resulting breakouts when they occur
pingmat
@HODLBro, thanks :)
HODLBro
@pingmat, no worries - if the tails also line up, this can also mean a second resistance line. So if the trend breaks through your conservative one, it could still bounce off the second, but atleast then you are prepared to react and can plan ahead if trading :D
pingmat
@HODLBro, cool thanks for the guidance :)
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