mljones
Short

Bearish 5 wave impulse symmetrical triangles

BITFINEX:ETCUSD   Ethereum Classic / U.S. Dollar
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Taking a look in micro detail on the right shoulder on etc. Expecting a dump pretty soon.

Appears to have a 5 wave impulse followed by a series of triangles.

Symmetrical triangles like this usually means it has finished a consolidation phase and is going to leave the price region soon.

May add to this when btc picks up steam to the downside. I'm already pretty happy with my position so I don't feel the need to add any more and may just sit and watch the trade work.

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