Coming back to the last triangle breakout

Jun 4, 2016

We have had lately plenty of triangles. More often then not the price will eventually come back close to the origin of a breakout.

Jun 7, 2016

Note

Took longer time then expected.

If the current move down will morph into the 5 waves, we are on a good way to reach the stated target:

Jun 12, 2016

Trade closed: stop reached

The correction was over before reaching the last origin of the triangle.

Looks like we will have to visit this level later, after the complete advance in BTC is over.