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console
May 12, 2017 5:24 AM

Waiting for Larger Descending Triangle ... Short

Bitcoin / DollarBitfinex

Description

Confirmed we did hit some solid resistance... if you look at the post before this, its looking more and more like a top.
Now are we going to see a larger descending triangle form here that is the question? If so a short would be a good idea when we start to break out of the larger triangle you see....

Update to:

Trade closed: target reached

boom nice profits :)

Comment

Trade closed: target reached

Perfecto !
Comments
console
good one, the second descending triangle did form
realSatoshiNakamoto
30% correction, back to 50 EMA
console
@jostitrade, i.imgur.com/3E4uzrF.png looks legit thats the 1D heading for 1555 , 1hr broken below already....
console
@console, 1510 or so
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