quantmaven

QTUM: Triangle frustration before a big move

Long
BINANCE:QTUMUSD   Qtum
QTUM is showing why investing in a triangle breakout can be frustrating. When you think you have identified a triangle (see teal), you buy at the breakout only to find out there is a bigger triangle taking place (see green)... Either cases point to higher prices in the upcoming days but it is easy to be stuck with a losing trade in the very short term.
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