BTCUSD - Indecisive in short term. Long term story looks bearish

BTCUSD is currently in an area of resistance, just oscillating. There is seriously not a lot of fun to be had trading in this current market if you are a trend follower taking short term trades.
You will just get wrecked. The current weekly candle tells a story of almost balanced bull and bear power. The broader pattern still looks bearish.

Kommentera:

Yeah... I predicted this :)