Bitcoin_Altcoin

Cup and Handle Cup and Handle

Long
MTGOX:BTCUSD   Bitcoin
4
The first large cup and handle may have helped push us to the recent highs of 1250. It looks like there may be a smaller cup and handle forming right next to it. If confirmed this cold push us above 2000. We will likely have to wait a while to see if it is confirmed though.

I am relatively new to using cup and handle formations for trading. Any feedback is appreciated.

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