I hope you all had a profitable Christmas and best wishes for the New Year. As always, vote here for OCO: http://okcoin.uservoice.com/forums/276410-general/suggestions/6829917-an-oco-order-feature
The major sell-off came as expected and now it looks like we're at the top of the bounce from 305USD. We've got a divergence on and a bump and run on the hourly. We're also very close to the resistance that's now rejected the price four times. Like last time, there might be a fair amount of sideways movement from now, but overall, the spills will outweigh the upward grinds and we'll see some fresh new lows.
The stop shown is in the right place, but the limit is only likely to be reached in several days, by which point it might be worth assessing whether or not to take profits there or keep the position open for a more sustained fall.