PHX symmetrical triangle
Comment:
Comment:
Gartley Pattern, buy zone is 309 sats, if exact 309 sats it's very strong, if drops below buy zone could be 282 sats, 8.7% difference, I'd ladder in 2 phases. Respectively 78.6% of XA and 161.8% of BC (because AB = 88.6%).
In past PHX disrespected rudely a beautiful pattern (bear market) there's no reason this time and it does confluence with bottom of triangle and point E of ABCDE EW.
Gartley Pattern, buy zone is 309 sats, if exact 309 sats it's very strong, if drops below buy zone could be 282 sats, 8.7% difference, I'd ladder in 2 phases. Respectively 78.6% of XA and 161.8% of BC (because AB = 88.6%).
In past PHX disrespected rudely a beautiful pattern (bear market) there's no reason this time and it does confluence with bottom of triangle and point E of ABCDE EW.