Chart

BFC broke out of a long duration (good enough, though not perfect) Falling Wedge
in June. As is rather common with this pattern the breakouts are often not immediately
sustained, but often do continue to meet their price objectives. The target of this
pattern is in the area of 0.26c.
When trading Falling Wedges I generally look for another pattern after or with
the breakout to account for the above-mentioned tendencies.
It has today broken out of a symmetrical triangle. I generally avoid trading
symmetrical triangles because of their tendency to "morph" but the type consolidation
over the past 2 months plus the stong move, today compared to the general market
convinced me to take a shot. Only a 3rd of my order was filled before it moved, but it's
good enough. Stop placed @0.082, first target @0.10
I will likely cut it manually if it returns within the pattern within the next few days.
All IMHO
GLTA