MeasuredMove
Long

Larger Timeframe Buy area

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
96 2 1
Larger timeframe buyer should enter around 932 area. Looks for signs of accumulation on the smaller timeframe to confirm this.

My boxes did not show up. See screenshot -
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Expecting one more leg down into the 930 area.

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MeasuredMove MeasuredMove
Second leg down completed. Look for buying to up to at least 1166+

New all time highs would not be unusual.

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