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norok
May 4, 2015 1:54 PM

BTCUSD 5/4/2015 Weekly Forecast Long

Bitcoin / DollarBitfinex

Description

After closing part of my shorts at the pivot low of last week the remainder were closed upon the cross of the Daily Kijun Sen. I am now expecting a pullback to support around 229 looking for a matching level on the swing trading timeframes (240/120 minute). Upon holding support price should then retrace back into the Daily cloud to resistance at 260.
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