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
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Whoooosh. Looking to hold above breakout zone and push over confirmation now.
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Confirmation line broken. Looking for a close over now to continue trade - may pull depending on how top reacts.
Trade active
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Confirmation line becoming potential support.
Trade closed manually
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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.