Here was an example in POT where price had been bouncing around in a congestion range since the previous afternoon. Notice the opening drive through the bottom of the range resulted in a snap-back to the top of its range (example in waiting for a pullback). While later in the day the breakdown pullback was easier to gauge.
Here's what I was looking at on a faster chart with entry/exit arrows:
Later in the day POT provided an example of why not to get too eager jumping into a breach of support/range. I later missed a decent entry:
RIMM broke down from a symmetrical triangle (a form of narrow range consolidation) and pulled back before extending lower. I actually exited half at the PDL (red dotted line) before exiting the remainder at the green up arrow.
FCX; I didn't actually trade the first breakdown from consolidation, but the break-out later in the day provided a good opportunity. This highlights the concept of avoiding buying a breakout/breakdown as it's happening. If you're not in it before it breaks out, it's best to wait for a pullback before entering. In this case one might have bought the initial breakout and may have been stopped out on a return back to the congestion range. A realistic target in today's market (mixed/neutral internals) was within that PDC, PDH, or Open price range (blue dotted line, green dotted line, yellow dotted line respectively).
And finally, another one I missed today (thinking it might pull back more) was a symmetrical triangle in IWM:
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