kuegi

[ EOS Intra ] penant too nice to ignore

BITFINEX:EOSUSD   EOS / Dollar
BITFINEX:EOSUSD forming a nice wedge on the H3 which might also fly as a bullish pennant . I'm not convinced its bullish but its nicely defined 3 RRR in both sides, so kinda to good to ignore.

Within the overall market situation, where everything is forming triangles, we might see some big moves again...
Trade active: the triangle got broken on the down side. doesnt look like its decided yet thou. fingers crossed that this is only a short retracement and we can trail the stop soon.
Trade closed: stop reached: the sad part: originally i had the short entry/stop at 3.52 but that would have been "only" RRR of 2 and i was like "i can put it closer"... well lesson learned.

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