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Short
Dec 7, 2014
BTC - Triangle Breakout Ahead
3
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Looks like the triangle Wave 2 (of Wave 5 of Wave C) is coming to an end with Wave 3 heading down once we break out of this triangle.
A small breakout above the triangle could be a head fake. Only sustained prices above the triangle would be bullish, which is remote, but possible.
Much more likely for a bearish push post-triangle...
Unapologetic_Capitalist
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