alphahorn

BTC right on schedule!

Long
BITSTAMP:BTCUSD   Bitcoin
Haven't updated since the leading diagonal completed and BTC broke up through it. Looking for a nice run up to the 78.6% retracement level. But I won't get too cute trading it and will begin taking chips off the table around the 61.8% level or placing stops at that level waiting to see what happens from there. Will it top out at the typical rebound level of 78.6% following a leading diagonal or will it go on to new highs? The possibility that this nice bounce off the bottom is only intermediate wave (B) remains and must be respected. Enjoying the ride for now.

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