krtek.net
Long

Bullish trend reversal

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
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Over the weekend a bullish trend reversal has formed. I consider it confirmed on a strong break-out of this formation up. There's a possibility we might dig into 780-level once more and that would be an excelent entry point for the upcomming rally.If we fail to break 950, we could see some lower lows again.
I agree on the bullish trend reversal, but the way you drew out that pattern (Especially the B point) doesn't make sence.
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