MRS_Watanabe

validated Schiff fork on 240min BTCUSD

Long
MTGOX:BTCUSD   Bitcoin
1
This is a validated bullish fork, so far have action at the Lower Parallel line April 16th and June 9th providing support. There is one near touch and rejection bellow the Median Line 24th April. 2 red arrows point to a parallel line above the lower quartile with perfect touches. Of note is the perfect bounce off the lower parallel and finding support once more along a parallel line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.