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BTCEUR Head and Shoulder leading to fork retracement

Bitcoin / Euro (BITSTAMP:BTCEUR)  
privatier Updated   
BITSTAMP:BTCEUR   Bitcoin / Euro
Head and Shoulders
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headandshoulders
BTCEUR Head and Shoulder leading to fork retracement
Comment:
Fork lines got displaced, sorry about that.
If the head and shoulder forms and the market retraces it could lead to a potential buy opportunity.
Comment:
Now it gets interesting. Observe price action at the L-MLH (Lower-Medianline-Parallel). Only get long if price gets rejected. Be careful, since Bitcoin is way overextended at next weeks CME futures could very well lead into a "big short".
Comment:
*and* next weeks CME futures
Comment:
I am calling it off, since the market is pretty undecided with low volume. Lets see what Monday will bring for bitcoin. All in all I am neutral to bearish at this point in time.
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