Continuation or Down

30 nov 2016

BTC has been wild lately.
Here we have a possible continuation pattern - pretty straight forward.

Breakout will be above point (D) at ~5273.33CNY / Confirmation above (B) at ~5378.22CNY
The pattern will be invalidated with a break below (C) ~5060.37CNY

1 dic 2016

Nota

Whoooosh.
Looking to hold above breakout zone and push over confirmation now.

2 dic 2016

Nota

Confirmation line broken. Looking for a close over now to continue trade - may pull depending on how top reacts.

3 dic 2016

Trade attivo

Confirmation line becoming potential support.

5 dic 2016

Trade chiuso manualmente

Support obviously not found this time. Closed around 5430CNY on the way back down. Time to give this a wait and see how it plays out as the days continue.