pnaik732

Break above the line of repair

Long
pnaik732 Updated   
BITSTAMP:BTCUSD   Bitcoin
Been waiting for this for a while. Long, pending either a strong breakout, or a retest of the repair line and a resumption.

Always the possibility of a fake out, but at the moment this looks like a nice move above the line.
Trade active:
Looks strong, looking at 50,300 potentially on this move
Comment:
Almost hit 50,200 before a pullback. Now to see if they go for the gold.
Comment:
Breakout!
Comment:
Spoke slightly too soon; now testing the current upper Bollinger band. Confirmed "strong breakout" if they push higher from here. Otherwise look for consolidation or repair line retest.
Trade closed: target reached
Comment:
still going... looks like it is a strong breakout to me
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