DESCENDING TRIANGLE SANDBOX 4 HOUR!!
Folks,
We can analyze a lot how we want and try to understand as much as we can... but ' sometimes' trading can be unfair.. But that are all lessons..
We see here SANDBOX on its way to construct a Descending triangle. Most often than not this is a bearish pattern. It doesn't mean that prices are going to decline. NO.
But there is a high probability..
Still have a good feeling in Sandbox. We just have to be patience. I see it positive because if prices drop we have opportunity to buy in lower.
Make sure you have set your stop loss and be patient.
We can analyze a lot how we want and try to understand as much as we can... but ' sometimes' trading can be unfair.. But that are all lessons..
We see here SANDBOX on its way to construct a Descending triangle. Most often than not this is a bearish pattern. It doesn't mean that prices are going to decline. NO.
But there is a high probability..
Still have a good feeling in Sandbox. We just have to be patience. I see it positive because if prices drop we have opportunity to buy in lower.
Make sure you have set your stop loss and be patient.
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