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.
HelloWound
3 years ago
I'm closing this position early. For more information on this decision:
Unsustainable, the crash is nigh.
Reply
HelloWound HelloWound
3 years ago
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.
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