Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
marvinrouge
on 27/06/2013, 15:32:49 UTC
Anyone think these circled patterns resemble (perhaps not exactly) symmetrical triangles on a falling price?
Not sure how accurate a 4hour chart is but I'd say we are about to break down a bit here...

yep! something will happen at the end of the triangle, but I don't think we can be 100% sure about a fall.. In the middle of your chart we can see also a triangle followed by a rise (between your 2d and 3d triangles)