BTCUSD: Another Descending Triangle On 1hr Chart
Updated
Support: $8,250
Open: $8,150
Target: $7,650 (7.3%)
Stop: $8,350 (-6.14%)
Reward: 2.5
Related idea: Price stuck Between 200 Day MA & EMA
Remember what happens when descending triangles breakdown?
Open: $8,150
Target: $7,650 (7.3%)
Stop: $8,350 (-6.14%)
Reward: 2.5
Related idea: Price stuck Between 200 Day MA & EMA
Remember what happens when descending triangles breakdown?
Order cancelled
Never reached breakdown target, pattern dismissed.Note
Now transformed into a symmetrical triangle, for now:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.