IAmSpartacus

Pennant Situation Critical

IAmSpartacus Updated   
BITFINEX:BTGUSD   None
Have a clear pennant trend pattern forming. This could break through the downtrend line and move upward toward ~$409 or it could potentially break the uptrend line and move downward toward $271 or $194 support levels.

(Be aware, I am a novice. Do you're own work and take responsibility for your own trades.)
Trade closed: target reached:
Breakout occurred! We didn't quite reach $409, but it was a good move to the upside nonetheless.
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.