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BITCOIN (BITSTAMP) LONG SHORT SETUP

Long
BITSTAMP:BTCUSD   Bitcoin
IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY AND MEDIAN LINE ANALYSIS WITH THE APPLICATION OF FIBONACCI EXTENSIONS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART WITH SPECIFIC TARGETS GIVEN. THIS IDEA IS NOT MEANT AS A TRADING ADVICE, IF YOU COPY MY SETUP PLEASE DO SO ON YOUR OWN RESPONSIBILITY. GOOD LUCK
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