XRPBTC SHORT Right-Angled and Descending Broadening Formation

There is a good channel trade potential.

Be sure to use tight stops and use for partial decline . If a partial decline occurs - meaning that the price turns around before getting close to the other trendline - CLOSE YOUR POSITION and consider a long trade.

Info on the pattern: thepatternsite.com/rabfd.html

Good luck

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Komentarz:

i might still get on on this.

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Entered the trade at 9375

Komentarz:

What's going on, why is this pumping on great volume? can't find any news

Komentarz:

Maybe a short closing that generated a short rally? Monitoring the trade. Will close if it comes near my entry again.

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Not sure what's going on. Close the trade for minor profit. its better than a loss.

Komentarz:

Also fearing a partial decline => very bullish signal

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Considering this trade: