jago25_98

Messy bearish butterfly on pins

Short
MTGOX:BTCUSD   Bitcoin
1
Went short after seeing this bearish butterfly. It's messy since we're ignoring that left higher peak and also because it's off the pins.
I don't have much info regards drawing patterns off pins or what to make of that previous high.

TP - ~$650?

I've seen these patterns fail plenty of times. I don't expect it lower than $500
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