jscorp1618

ST Bullish

Long
MTGOX:BTCUSD   Bitcoin
1
The pullback was to be expected since we stretched outside of the Bollinger Band. Bulls are accumulating near the trend line which is evident by the long wicks and volume.Since I'm a ST trader I can't say for sure if we will break the 2nd level of resistance but from a R/R ratio, going long makes sense.

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