TradingBits

Squeeze in progress

MTGOX:BTCUSD   Bitcoin / Dollar
273 7 3
If price breaks below blue line, the bubble will collapse more. If not, this was a mere correction.

9:30 until completion of this arc.
excellent, thanks for sharing
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Nailed it. It's following my body curve well but I expect it to fall faster soon.
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TradingBits TradingBits
Assuming no double bottom at 268...
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dangolbery TradingBits
Are we still going down? Still within the lines...
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TradingBits dangolbery
It's testing the blue support line. We will see.
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dangolbery TradingBits
Nice.
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Grey arc is main body with yellow arc for maximum data. Shows a nice parralel curve. Easy to interpret here.
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