Then the price turned the other way round broke out lower of the triangle, i decided to short it @3.26 having just realised that it could be a . As of closed yesterday, my target hit at 2.45 which is just right at the channel bottom.
If my projection is right, the price my go down to 1.83.
P.S. According to Thomas Bulkowski, ideally the price will break out upwards or downwards around 2/3 of the triangle. (Yes, but it was a false broke out)