Bearish Descending Triangle ETHUSD Short

Ethereum / U. S. DollarKraken

Description

⋅ Nov 13, 2018 12:53 PM

Descending triangle is an indicator of a continuation pattern during a downward trend.

1.Buy the clear break below the lower support
or
2. Buy the clear break and retest of lower support on a smaller time frame

Target marked in green

Trade active

⋅ Nov 14, 2018 4:44 PM

On our way to the target

Comment

⋅ Nov 17, 2018 8:04 AM

50% of trade closed at 173.00 - right before target.

Holding remaining position with a tight trailing stop.

Trade closed: target reached

⋅ Nov 19, 2018 9:49 PM

Targets reached and trade closed
24% Profit on this trade

Comments

JulioT

⋅ Nov 14, 2018 7:47 AM

dude... get your chart patterns right thepatternsite.com/at.html

nowewithoutuandi

⋅ Nov 14, 2018 6:40 PM

@JulioT, If its not broke dont fix it.

Everyone can see them differently - whats works is whats most effective for me.

You will find trading cryptocurrency traditional ways of measurement that are applied foreign exchange and/or other markets will require slight variations to be most effective trading crypto.