BullmarketFX

EGLD - chart patterns!

Long
BINANCE:EGLDUSDT   EGLD / TetherUS
EGLD is looking beautiful for a nice reversal! market has broke out of the falling wedge formation on the daily and 4hr timeframe and has formed this massive inverted head and shoulders creating a new higher high and a new higher low..... what we can see since breaking out, on the 1hr timeframe market is consolidating in this bullish triangle pattern with the range tightening and price coiling up for a breakout. Waiting for a break above the pattern and resistance before taking a nice long.
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