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edgarpoe
Sep 20, 2021 5:43 PM

BTC Triangle pattern Long

Bitcoin / USD CoinBinance

Description

Just a thought, might be a bullish symmetrical continuation pattern.

Comment

The numbers 1-5 are reversal points, just markings.

Comment

I am too sleep deprived, I mistakenly tagged this as bullish symmetrical triangle.
It is actually a bearish symmetrical triangle since it's forming after a downtrend
Comments
Tradersweekly
Nice, thank you for sharing. It could have been good setup if one entered position on breakout from apex of the triangle.
edgarpoe
@Tradersweekly, Thank you for your guidance!
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