MTGOX:BTCUSD   Bitcoin / U.S. Dollar
1387 19 11
A trading opportunity is likely imminent...
Isn't that something? Look at the rally that started right on bar #97...
Lol... silly red dots....
I now think Coreislander was correct. If there was a Fibonacci move begun at the 1.618 timeframe, it seems clear that it was the start of a move up. I am increasingly getting the feeling I need to lose my bearishness, and accept that this market might be at the beginning of another rally.
Taidiji JimFred
You mean I was right
IMO its still a tossup. This should be the start of a move visible on a weekly chart. Either up or down. And we are still in the time frame of 1.618. The chart has moved up a few points, but far from enough to be seen on a weekly chart. If it rallies strong from here that would do it. But somehow, I just don't feel like she wants to do that. But never say never... Lets see what she is going to do...
Hard to call this now. We did have a decent move up the day prior and we are still somewhat up (But lots of movement since the SR thing). The start of a new move, a delay, or ?
Could be... But I don't think the move has even begun yet... I am thinking in the next 12 hours we ought to see a move begin that will be visible on a weekly chart,,, We won't have to wait long to see if my thinking is correct, or not...
Seems like the long was the profitable side this time.
Taidiji, I asked you politely not to comment on my pages. You are not a gentleman and you are not welcome here. Please post your own ideas and leave us be.
I didn't actually say up or down. I merely said to expect a trading opportunity. However, since you ask, my expectation is that the short side is more likely to be the profitable side. We will see in the next 24 hours I would guess...
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