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BTCUSD 5/11/2015 Weekly Forecast

Long
Bitcoin (BITFINEX:BTCUSD)  
norok Wizard  
BITFINEX:BTCUSD   Bitcoin
BTCUSD
1
0
btcusd
Last week's long entry off support of 228.75 continues with a target to 260. I have locked in profit as price makes its journey through the Daily cloud. The Weekly resistances have started to move down. Over the next two weeks price's action around the 260 level will determine the longer term trend.
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