Looking to see how this plays out. If the weekly equilibrium continues it could lead to an inverse head and shoulders in 2-3 weeks and suggest a breakout upwards.
Its still possible for the head and shoulders pattern on BTCEUR to play out. Waiting to see if we continue up or we reverse to complete. Potential Reversal for a SHORT.
If bulls cannot break resistance we could be in for a good shorting opportunity especially considering the Head and Shoulders also forming....
Looking like a rising wedge. Staying in cash and waiting for change from Higher Highs and Higher Lows with some volume and expect a drop of approx 300 euro. May look to go Short with a small stop loss.