DESCENDING TRIANGLE

>mom, i draw again

According to African vodoo, a downward triangle means that your wife is sleeping with another man.

yes, wait for "confirmation", you buy in it goes the other way and now it's called a "fake-out".
95% of ta is bullshit

to trade TA like this effectively you need to trade every damn triangle and before you do that you need to back-test the pattern for profitability. that's how people make money with a TA strategy
if you just trade one of this and one of that you'll never be able to get the math right. if you do want to trade this specific setup just wait for a break below or break up and enter on the retest
i would go for a break lower because you shouldn't trade counter-trend. it's fucking retarded

And if that happens, do you sit on your ass, and watch your position wipe you out entirely, or do you exit?

And if it goes your way, do take profit immediately, or do look for reasons to hold on for as long as possible, maybe even add to it?

It's like you people need to be spoonfed every fucking thing. There is no guarantee in trading, so you have to think about every situation and plan on how you'll react.

Not always does it retest, that's another myth about these things.

I'm not talking about trading, I'm talking about most of TA

I would imagine the $1000 has to be paid back to the person you bought the bitcoin from

TA is unironically complete bullshit. Anybody who thinks otherwise has no understanding of statistics whatsoever.

Altcoiner, in the balance you hang.