1hr BTCE interesting trade setup into Saturday

While the bearish ab=cd harmonic pattern works itself out (target 534.11) there are sometimes nice counter trend rallies that occur. One may play them long or just wait for the rally to setup new shorting opportunities. On a very short term basis one could play a breakout of the past eight hour trading range with stops (on positions established) placed just on the other side of the range (575.43 & 566.13)..

If my charts help you, or you use my indicators...
please consider a BTC donation to allow me to
continue my work :

1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5
& follow me on Twitter @CRInvestor