JimFred
Short

Th8 hour chart is now touching the 3rd Gann circle

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
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This is likely the end of wave 2 up, for EW traders. Note that the resistance directly overhead, the blue line, is a Gann 1*3 line from a larger cycle.

I think this is likely to be a turning point, within the next few hours
For reasons I do not understand, this chart did not print here, as it does on my screen. Regretfully, it is very skewed and misleading. I will try to re-post it.
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I've had that happen a few times now
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