btc descending triangle

12 apr 2019

Since we are in a correction and there is a descending triangle we should be heading lower. Once the triangle breaks I like to short on top of the triangle so risk reward is better with a tight stop loss but safe entry would be at the break of the triangle also with a tight trailing stop loss in case it retest the support of the triangle as resistance then enter again after confirmation .

Just a note I am a scalp trader so patterns are for short term

Never go against the trend