Larger Timeframe Buy area Long

Bitcoin / U.S. DollarMt.Gox

Description

⋅ Jan 6, 2014 3:53 PM

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 -

Comments

MeasuredMove

⋅ Jan 7, 2014 12:06 AM

Expecting one more leg down into the 930 area.

MeasuredMove

⋅ Jan 7, 2014 7:40 PM

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

New all time highs would not be unusual.