XBTEUR has strong consolidation with a symmetrical triangle

I have been trying to catch the break out for the last few days with a tight stop loss just in case it goes the other way which is also very possible. The pull back from all time highs hasn't been strong enough to suggest a reversal in trend so I believe this to be a continuation pattern. I will be waiting for break out confirmation before I get in again though.

The pattern is a symmetrical triangle so see the below link for more info.

stockcharts.com...school/doku.php?id=chart_s...

Kommentera:

Break out to the down side confirmed. :-(