PLS chart, page-12829

Hmm OK, however how is it a false break? Is it because it bridged one of your subjective trend lines, which may or may not be correct in the first place?
As I mentioned in one of my earlier posts and as you certainly would have experienced yourself over time, these consolidation patterns morph from one pattern into another. I started of with a triangle pennant than it looked more like a flag and now it seems to have morphed into what looks like a widening wedge. So all I'm saying is we should avoid to jump to conclusions and face reality as it is, not as it was or as we wish it to be. After all we dealing in possibilities, which may turn into probabilities, but not certainties!