ivanair

Will this pattern be followed again for another break upwards?

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
We saw a buy candle followed by a bigger sell candle and then another 2 small buy candles that did not surpass the red candle before them. If the pattern is followed we should see only buy candles until it breaks from the triangle.

Otherwise we might expect a price decrease in the next 2-3 hours

This is just a personal reflection and is not intended as investment advice.
Feb 20
Trade closed: stop reached: As mentioned, the pattern broke and price decreased.

Off to another climb now
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