BCH Triangle Pattern New Formation

١٠ فبراير ٢٠١٩

We had an old triangle formation (4hr/1d chart) forming but was broken about a week ago. The last rally we have seen to the upside has given us a hint of the real triangle pattern that in my opinion will end with a push to the downside. This is only an idea, not investment or trading advice.

What do you guys think?

*The purple line is the absolute best case scenario if shorting, it is probably going to look much different from that.