nice head and shoulder on top looking for a short position this week
you can expect a retest of the trend line and a push down to support. that will be a key level as price can come back up to test resistance or go lower than the support level
head and shoulder pattern completed we should be looking for price to go up
am expecting price to come back down to to the support level as it failed to break to the upside
another big short coming up a nice trade you enter and go for holiday hahaha. as you can see price can not break the 38% retracement zone its a very strong zone if it breaks it can go to the 50% mark but it this case that seems unlikely keep any eye for the short entry
big short coming as the 50% retracement on the daily chart is complete but expect a push up before the drop getting people on the wrong side of the market
they is more room to go to the up side with a clear dabble bottom on the 4h chart