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Rotox
Dec 17, 2013 3:23 AM

Risky Long - Short term bounce. Long

Bitcoin / U.S. DollarMt.Gox

Description

Gox has bounced right off the 50SMA on the 1D chart at 679, assuming this is a short term bottom for a bounce, will try for 50% retrace at 751 or close the trade at 660. Risky, not advised, but definitely interesting.
Comments
wade8977
good call! looks like you were right
Rotox
Thank you, it seems 660 - 680 may be the area to watch for the short term, hopefully we'll get a few days rest from falling knives at least.
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