CRInvestor

2hr BitCoin update - a bit higher still

MTGOX:BTCUSD   Bitcoin
1
As an update to my ongoing harmonic analysis of BTCUSD today I see we are continuing to march our way up into the OTE short ss target ($1044) and what now appears to be a bullish ab=cd harmonic price pattern target ($1154). Last OTE long ss tag was from $685. 2:1 r/r levels have been hit on that long trade so at this point good traders should have gotten fills on their first car on an AOCO basis at around the $950 level and at this point should only be in 'runners' (2nd car) with stops at break even....Man I luv how this little monster has obeyed the natural laws of harmonics.....beautiful.....

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