Short Setup - First target of Head & Shoulder is close

Reasons:
- Price is close to first target of previous H&Sh pattern, which also could be considered as a Rectangle.
- A double top price pattern could be formed (look for it)

Scenarios:

We go short if:
a - Price breaks down the small trend-line
b - Price reaches to exact target of H&sh

This is only how we interpret the market

ความคิดเห็น:

The first target for Head & Shoulder pattern is met.
Stop should be above 1.3220