We recently saw the breakout out of the upward (wedge) consolidation. While shorts from an bigger picture point of view can therefore start to look tempting, i would wait till we see confirmation of that breakout by a lower degree breakout of an correction. Thats why, this bat pattern might be a good place a still look for longs to catch the upward move in this correction with great risk reward before we start goin further down sometime in april
