Traders_Profit

Will we see a breakout

Long
MTGOX:BTCUSD   Bitcoin / U.S. Dollar
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The market has moved lower over the last few days but managed to hold the last support level on the 1hr chart . When the price did hit it there was a strong bullish candle + good volume .

I have bought with a stop at 1060 and will look to hold this into next week with a target of 1300 which is where we could see some resistance due to being a round number.

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