MTGOX:BTCUSD   Bitcoin / U.S. Dollar
209 2 0
*To 670. 364 profit, 15 risk.

"Objective must be weighed against methods. If the goal is worthy, then the steps taken are worthwhile, even if some of them--on their own--are reprehensible."

Some errors with the chart (as it was rushed): Random trend line , Fibonacci retracement targets pointing downward (they should only be above from a downward move), bad choice in time scale and didn't set the duration of the position to be longer.
I'm closing this position early. For more information on this decision:
HelloWound HelloWound
I dangerously underestimated the sentiment. The news is incredibly optimistic with so many stories. As it finally retested 400 I closed my shorts and bought back in.