BTC Short Term outlook

Wait 5 sec.

BTC Short Term outlookBitcoin / U.S. dollarBITSTAMP:BTCUSDShwayzeDoes not look so good. Random breakout with multiple days above current trendlines, that's good and with good volume too. But on the 4 hour chart the 2nd attempt upwards had almost nothing behind it. If there is no solid 3rd attempt that pushes upwards, this is doomed to turn itself back into a longer term head and shoulders pattern. What do you see?