But...It was in an Descending Triangle!?!

Emas Semerta / Dolar A.S. (FOREXCOM:XAUUSD)

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FOREXCOM:XAUUSD Emas Semerta / Dolar A.S.

trendanalysis harmonicpatterns chartpattern bitcoin btc btcusd gold audusd

Contrary to popular opinion, a descending triangle actually breaks out upwards 53% of the time. This is according to Bullkowski and his patternsite.com

Could Bitcoin be next?

Komen:

also please not, according to bullkowski, "If price rises into the pattern it breaks out upward 63% of the time."

Komen:

A new local bottom could be in, in my opinion. I am at home now but will update when I get to my computer.

Komen:

here is how i see the future playing out, let us see~!

Komen:

So far, so good! Will we break out?

Penafian

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