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

Order cancelled

Comment:

i might still get on on this.

Trade active:

Entered the trade at 9375

Comment:

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

Comment:

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

Trade closed manually:

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

Comment:

Also fearing a partial decline => very bullish signal

Comment:

Considering this trade: