Post
Topic
Board Trading Discussion
Re: What went wrong here?
by
pixie85
on 23/08/2020, 21:51:29 UTC
Apologies, this should do it

https://imgur.com/a/u3yZ6GK


Ahh, this. I thought you bought the previous high and then did not exit when it peaked the second time.

It looks like your TA has failed.

What you've indicated as a triangle breakout was really a lower high. Even if it became a double top it still would be a bearish formation.
Triangles and harmonics fail as many times as they prove to be correct, especially with altcoins.