rs25subaru

rs25subaru Updated 

Typically these formations break to the upside but I am just not feeling it with this formation. It "should" have broken to the upside if it was a descending triangle as they usually break up around 60-80% mark. Side note: this formation is forming inside a GIANT rising wedge which tend to break to the downside.

rs25subaru

I noticed what seems to be a completion of an ABC corrective pattern on XRPXBT.

rs25subaru

I am no professional by any means. These are just my "what if" ideas that I would like to keep some sort of record of. I am not saying I am right or wrong. Just taking shots in the dark at this point. The large upward sloping channel is posted by many traders at this point. the near horizontal line is just an observation I made and there are a few wicks that touch...