Assuming ETH is going to follow the triangle this is an attempt to trade the small changes in between, completely ignoring where ETH is going at the end of the triangle.
Buy around 195 after ETH bounces on lower triangle support line
TP: 200-201
SL: 191
Buy around 195 after ETH bounces on lower triangle support line
TP: 200-201
SL: 191
Trade closed: target reached:
Got a bit distracted by BTC-e, just came back to take a look, order on poloniex already reached its TP.
I'm going to look more into doing short-term trades on the pennants and flags themselves instead of waiting for the potential big jump at the end of them
I'm going to look more into doing short-term trades on the pennants and flags themselves instead of waiting for the potential big jump at the end of them