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. Dez. 2016

Anmerkung

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

2. Dez. 2016

Anmerkung

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

3. Dez. 2016

Trade ist aktiv

Confirmation line becoming potential support.

5. Dez. 2016

Trade wurde manuell geschlossen

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.