BCH Triangle Pattern New Formation
We had an old triangle formation (4hr/1d chart) forming but was broken about a week ago. The last rally we have seen to the upside has given us a hint of the real triangle pattern that in my opinion will end with a push to the downside. This is only an idea, not investment or trading advice.
What do you guys think?
*The purple line is the absolute best case scenario if shorting, it is probably going to look much different from that.
What do you guys think?
*The purple line is the absolute best case scenario if shorting, it is probably going to look much different from that.
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