norok

BTCUSD 5/4/2015 Weekly Forecast

Long
BITFINEX:BTCUSD   Bitcoin
After closing part of my shorts at the pivot low of last week the remainder were closed upon the cross of the Daily Kijun Sen. I am now expecting a pullback to support around 229 looking for a matching level on the swing trading timeframes (240/120 minute). Upon holding support price should then retrace back into the Daily cloud to resistance at 260.

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