Waiting for a triangle breakout

As we can see there is an impulsive move up followed by a developing triangle pattern.
I am waiting for a breakout before entering. I'm trying to be patient this time and not jump the gun.

Kommentar:

Price did break but it was to the downside. And this is why we don't jump the trade and just enter whenever.

Should I have shorted when price broke? I should have. That's still 30 pips worth of profit after all. Only I was asleep that time. :/

Kommentar:

Totally should have shorted. Although to be fair, I was asleep at the time of the breakout. Recurring problem, things move when I am away. :(