Looking for a parabolic set up to test 30% trend line

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
120 0 0
not sure what the news is exactly for the 31st, but it could be a nice set up for new ATH             at the 30% trend line , Ill continue to hold my swing short position until we start to test the bottom of the yellow arc or move in a more parabolic fashion upwards
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