People who follow me know that I'm not a big fan of inverted but this one in daily is incredibly beautiful. is confirming it.
Not so much to say here: remember never trade a pattern before the breakout/breakdown.
In the case of a breakout, we could see a retest of the previous which should act as a strong resistance now before a potential final wave down.
We are currently facing 50 MA, with a bullish triangle pattern. We should know by Monday which one will win.
The interesting point is we have now broken the longtime periodic trend of the Fibonacci specter level (change of color): I'm curious to see what will happen.
I expect BTC to do the same tomorrow with the open of the futures.
happy new year ..
I keep getting this problem where my stop losses have ridiculous slippages, but for no reason.
For example just now, I had a stop loss on Eth at 129, it got triggerred at 126, even though the 5 minute candle went from 130 to 127.50.. like it makes no sense why it'd be closed at 126.
Same happened earlier today when I had another stop on Eth at 138 and it closed at 133, very frustrating.
Is this normal, how are your stop losses like?