Short 378, SL 385+. Looks like a bear flag

Symbol
Short BTC
Last
-
Entry
378
Size
100%
Exit
371
P/L
1.9%

  *check out the bitcoin trading guide and reference for what they mean

Entry Update: 

A bear flag after a large drop is what I am looking at. We could chop around for a while before the next move. US dollar is also extremely strong which will push commodities and bitcoin lower as well.

Exit Update: 

Exit Date: 
12-05-2014