Dear readers!
This is a less common and therefore possible overlooked pattern from the Elliott Waves Theory, which i want to share with you to get an edge in the Bitcoin market before everyone else.
So we have not only the rare ‚expanding triangle‘ instead of a contracting one, to confuse traders even more we have the very rare ‚horizontal expanding‘ one.

Here is the theory behind, so you can read and learn yourself: https://forexbrokerslist.org/expanding-triangle-pattern/
It’s all about stop-loss hunting !
This kind of Scenario will take place, when there is a lot of uncertainty in the market so i think it perfectly fits the state we’re in right now.

Please Like & Share if you agree or comment if you don’t.
Stay Calm and happy trading !
Cheers
Simon